Micron Technology reportedly plans to invest $24 billion in its NAND chip factory in Singapore.
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Broadcom and Blackstone jointly raise $60 billions to pave the way for AI compute power for companies such as Anthropic
Broadcom is leading a $60 billion debt financing initiative to provide funding for AI companies such as Anthropic to purchase chips and build data centers. Of this amount, $42 billion in senior secured bonds will be syndicated by Broadcom with Wall Street banks, while $18 billion in subordinated debt is being led by Blackstone, whose funds have committed $9 billion. The deal has been in preparation for several weeks but has not yet been officially announced.
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