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Nvidia’s $20 billion debt boom reinforces Bitcoin miners' AI shift

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Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers.

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Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto. On Monday, that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt. Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities. The offering highlights investors’ continued appetite for financing AI expansion and signals that one of the industry’s most influential companies expects demand for AI infrastructure to remain strong.

Read full article at Cointelegraph →

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