Broadcom is in talks to secure more than $60 billion and potentially up to $100 billion in debt financing to support AI chip production for Anthropic and other artificial intelligence companies, according to multiple sources [1, 2, 3, 4, 5, 6]. The deal could include a senior-secured debt tranche ranging from $60 billion to $70 billion, possibly up to $80 billion, along with a junior debt tranche of approximately $30 billion to $35 billion [1, 2, 3, 4, 5, 6].
The financing will be issued by a special-purpose vehicle set up by Broadcom and its partners. Broadcom will partially guarantee a portion of the senior-secured debt tranche [1, 2, 5, 6]. Blackstone and Apollo Global Management are among the private equity firms negotiating to participate in the deal alongside Broadcom [1, 2, 3, 4, 5, 6].
The capital raised aims to help AI companies, including Anthropic, secure chip supplies and computing infrastructure amid surging demand for AI compute capacity [1, 2, 3, 4, 5, 6]. Broadcom competes directly with Nvidia in the lucrative AI chip and data center equipment market [1, 3]. Broadcom CEO said in March 2026 that the company expects AI chip sales to top $100 billion next year [1]. Following Bloomberg's report of the financing talks, Broadcom's stock rose about 1% [1, 3, 4].
Earlier in 2026, Broadcom signed a long-term contract with Google to supply TPU and network components through 2031 [7, 8, 9]. However, Google also expanded customized AI chip cooperation with Marvell, obtaining subscription rights to up to $12.2 billion of Marvell stock, which some analysts see as a risk for Broadcom’s market share [7, 8, 9]. Marvell's shares jumped nearly 10% on the news, while Broadcom shares declined about 4.6% amid concerns over chip supply diversification [7, 9].
In related industry moves, Nvidia agreed to pay $6 billion for AI startup Poolside’s model licenses and to recruit over 100 employees, with an additional $1 billion investment. Poolside will remain independent, with an estimated valuation of roughly $12 billion excluding Nvidia’s investment [10, 11]. This deal reflects Nvidia’s strategy of licensing AI assets and talent instead of full acquisitions.
Analysts predict Broadcom’s AI-related sales could grow about 180% annually, supported by partnerships with Google and others, while it supplies custom AI accelerators for Meta as well as chips to Anthropic and OpenAI [12, 4, 6].
Reports from August 20-21 indicate ongoing talks for the financing package, combining $60-$70 billion in senior debt and $30 billion in junior debt, targeting a total nearing $100 billion [1, 2, 3, 4, 5, 6]. Final terms and closing dates have yet to be announced.
