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Blackstone and Banks Raise $60 Billion for Broadcom AI Chip Deal
Original: Blackstone, Banks Amass $60 Billion for Broadcom’s AI Chip Deal
Blackstone and a group of banks have assembled roughly $60 billion in financing to back Broadcom's artificial intelligence chip business, according to Bloomberg. The scale of the package makes it one of the largest private credit deals ever arranged and underscores how much capital lenders are pouring into AI-related infrastructure. It highlights Broadcom's growing role as a key supplier of custom AI chips alongside Nvidia, and signals strong Wall Street appetite for exposure to the AI boom.
Why now: The sheer size of the financing and its link to the AI chip boom make it a landmark deal drawing attention across markets.
BlackstoneBroadcomNvidiaBloomberg
Evidence
- Blackstone, Banks Amass $60 Billion for Broadcom’s AI Chip Deal · Bloomberg.com
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