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The Economic Times
The Economic Times
Business

US stocks: Nvidia’s jumbo bond sale draws $85 billion of investor demand

Nvidia Corp. has received about $85 billion of orders for its jumbo debt offering, underscoring relentless investor appetite for exposure to financing tied to the artificial intelligence boom.

The chipmaking giant is seeking to raise at least $20 billion from a bond sale on Monday, while the size of the offering could still be boosted, according to people with knowledge of the matter. Demand exceeded four times that minimum amount at its peak, one of the people said, asking not to be identified because they aren’t authorized to speak publicly.

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