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Chipmaker Nvidia seeks to raise over $25B in first bond deal since 2021

Ars Technica AI · Michelle Chan and Tim Bradshaw, Financial Times · 2026-06-15

Nvidia launched a $25 billion seven-part bond offering — its first since 2021 — attracting over $85 billion in orders, signaling strong institutional investor demand for debt exposure to the AI sector.

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Extraction

Topics: nvidiaai-investmentcorporate-financesemiconductor-industry

Claims

  • Nvidia is selling $25 billion in investment-grade bonds with maturities ranging from 2 to 30 years, its first bond issuance in five years.
  • The deal was upsized from an initial $20 billion target after attracting more than $85 billion in orders by early afternoon on the day of announcement.
  • The offering is framed as a test of investor appetite for additional exposure to the AI sector.

Key quotes

Nvidia is planning to sell $25 billion of investment-grade debt in the US on Monday, its first bond sale in five years, in a test of investor appetite for further exposure to the AI sector.
The issuance was upsized from $20 billion after receiving more than $85 billion in orders by early afternoon in New York.