Broadcom (AVGO.O) is negotiating with lenders to raise more than $60bn of debt to finance an AI‑chip transaction that would benefit Anthropic and other AI firms, people familiar with the matter said. The package, still being finalised, could include

2026-08-21

Broadcom (AVGO.O) is negotiating with lenders to raise more than $60bn of debt to finance an AI‑chip transaction that would benefit Anthropic and other AI firms, people familiar with the matter said. The package, still being finalised, could include a roughly $30bn subordinated tranche; under the proposal Broadcom would guarantee part of the secured debt—potentially $60–70bn—with the total program possibly reaching about $100bn. The agreement would accelerate AI infrastructure financing as Broadcom seeks to expand chip and data‑centre equipment sales to challenge NVIDIA.