Broadcom seeks over $50 billion as Oracle, SpaceX pursue AI chip deals - WSJ
Stockwhiz•07/10/2026•17:13 ET
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Key Highlights
- ➤Broadcom seeks over $50 billion to finance OpenAI custom AI chips.
- ➤SpaceX discussed $40 billion financing for Nvidia chips with lenders.
- ➤Oracle is pursuing separate chip financing with Apollo and Goldman Sachs.
- ➤Oracle may lease chips through a funded company, avoiding additional borrowing.
- ➤Broadcom-OpenAI chip deployments are planned for the second half of 2026.
Broadcom (AVGO) is arranging more than $50 billion for OpenAI’s custom AI chip, while SpaceX (SPCX) has discussed $40 billion for Nvidia chips and Oracle (ORCL) is pursuing separate hardware financing.
Broadcom (AVGO) has approached Apollo (APO) and Blackstone (BX) about participating in its proposed financing, according to people close to the situation. The discussions remain at an early stage, and the deal’s size could change.
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