Meta plans $95bn stock offering with Nvidia, AMD, and Broadcom backing for AI expansion

·2026.10.26 20:24

Key point

Nvidia, AMD, and Broadcom are set to act as cornerstone investors in the offering, which follows Meta's projection of up to $145bn in capital spending this year.

Details

Meta is planning a $95bn stock offering to fund its AI infrastructure expansion.
Chipmakers Nvidia, AMD, and Broadcom will serve as cornerstone investors for the raise.
The move follows Meta's third-quarter report showing a 26 per cent jump in sales ahead of analyst estimates.
Meta projects capital spending of up to $145bn this year and warns it needs to raise hundreds of billions of dollars over several years to sustain its AI bet.

nvidia ai-infrastructure meta amd broadcom stock-offering capital-spending

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