Broadcom (AVGO) Stock: Inside the $100 Billion AI Chip Debt Deal With Anthropic

TLDR

• Broadcom is in talks to raise more than $60 billion in debt to fund an AI chip financing deal for Anthropic and other companies.
• The deal could include a $30 billion junior debt tranche, bringing the total to as much as $100 billion.
• Broadcom would guarantee part of a senior-secured tranche ranging from $60 billion to $70 billion.
• Blackstone and Apollo Global Management are in talks to participate, building on a partnership formed in June.
• Broadcom stock rose as much as 1.1% in after-hours trading following the news, and is up 5.2% year-to-date.

Broadcom is in talks with a group of lenders to raise more than $60 billion in debt as part of a massive AI chip financing deal that would benefit Anthropic and other companies.

The deal could include a junior debt tranche of roughly $30 billion on top of a senior-secured tranche ranging from $60 billion to $70 billion. That puts the potential total as high as $100 billion, which would rank among the largest corporate financings tied to the AI boom.

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