NVIDIA Corporation (NASDAQ:NVDA) is among the Best Semiconductor Stocks.
On June 15, CNBC reported that NVIDIA Corporation (NASDAQ:NVDA) plans to raise at least $20 billion through an investment-grade bond sale, marking its first such issuance since 2021
CNBC noted an SEC filing and sources familiar with the matter. The filing disclosed the offering without a size, while sources said the total could approach $25 billion. An Nvidia spokesperson told CNBC the company will use proceeds for “general corporate purposes,” including refinancing existing debt.
The AI chipmaker has about $7.5 billion in long-term debt and $1 billion in short-term debt. Shares rose 3.5% on Monday. Growth has accelerated sharply, and revenue reached $216 billion in fiscal 2026 as compared to $27 billion in fiscal 2022.