Chipmaking giant Nvidia Corp. sold $25 billion of high-grade bonds, joining a wave of jumbo debt offerings from tech heavyweights as investors clamor to get exposure to the artificial intelligence boom.
The deal, priced on Monday, attracted as much as $85 billion of orders or more than three times the size of the bond, according to a person with knowledge of the matter. Nvidia’s first offering since 2021 was boosted from an initial target of about $20 billion, underscoring strong investor demand.
Nvidia joins companies such as Alphabet Inc. and Amazon.com Inc. flooding debt markets with hundreds of billions ...
