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Nvidia, AMD, Broadcom eye $5B of Meta stock in $35B offering

1 reports1 report sources3 hours agoUpdate

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Nvidia, AMD and Broadcom have signaled non-binding interest in buying up to $5 billion of Meta Class A shares, Tech Funding News reported, as Meta runs a $35 billion stock offering. The interest is non-binding, so no purchase is committed. The report ties the chipmakers' interest to Meta's offering rather than to any agreed allocation. It does not say how much each company would take or on what terms.

AI-generated from reports · 2 hours agoUpdate

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Oct 26
  1. Tech Funding News
    Nvidia, AMD and Broadcom Eye $5B of Meta Stock as Meta Launches $35B Offering

    Nvidia, AMD and Broadcom have expressed non-binding interest in buying up to $5 billion of Meta's Class A shares.

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