Tech Giants Seek Over $90 Billion in Private Debt for AI Chip Acquisitions

Key Facts

1Broadcom is seeking to arrange over $50 billion in financing for OpenAI's custom AI chips.

2Oracle is in talks with Apollo and Goldman Sachs to fund chip purchases through a leasing structure.

3SpaceX has discussed a $40 billion financing deal with lenders to purchase Nvidia chips.

Broadcom is seeking to arrange over $50 billion in financing for OpenAI's custom AI chips, according to the Wall Street Journal. Separately, Oracle is in talks with Apollo and Goldman Sachs to fund chip purchases through a leasing structure, while SpaceX has discussed a $40 billion financing deal with lenders to purchase Nvidia chips as reported by the Financial Times.

Broadcom (AVGO) closed at $373.76 on October 7, 2026, and Nvidia (NVDA) ended the same session at $237.20. These financing efforts emerge as the immense cost of AI infrastructure outstrips corporate cash flows and traditional bond market capacity, leading firms toward bespoke private credit arrangements. Oracle (ORCL) closed at $144.04 on October 7, 2026, while Goldman Sachs (GS) closed at $897.18 on October 6, 2026.