Broadcom, Oracle, and SpaceX Turn to Wall Street for Billions to Fund AI Chip-Buying Spree

AI’s soaring infrastructure costs are pushing companies toward debt—and lenders toward greater risk. (Credit: Igor Omilaev/Unsplash)

Broadcom, Oracle, and SpaceX are turning to Wall Street for tens of billions of dollars to finance the purchase of artificial intelligence (AI) chips, highlighting the enormous capital requirements behind the intensifying global AI race.

The companies are pursuing separate financing arrangements, but the rationale is similar: demand for AI computing is growing so rapidly that securing enough chips and data-centre capacity moving forward could increasingly require outside capital rather than relying solely on operating cash flow.