Meta is raising about $35 billion in stock for AI, with Nvidia and AMD as potential buyers

What happened: Meta is raising about $35 billion in stock to fund AI, and Broadcom has joined Nvidia and AMD in signaling interest in buying part of it. Key numbers: About $35 billion total raise; up to $5.0 billion of Class A stock indicated; indications are nonbinding. Why it matters: The interest from chipmakers ties Meta's AI financing to its hardware suppliers, though the indications are nonbinding and may not convert into purchases. Coverage: 3 outlets in 24h

Meta is raising about $35 billion in stock to fund AI, and Broadcom has joined Nvidia and AMD in signaling interest in buying part of it.

The interest from chipmakers ties Meta's AI financing to its hardware suppliers, though the indications are nonbinding and may not convert into purchases.