Broadcom Raises Over $60 Billion in Financing; AI Chip Financing, Ross Raises Annual Profit Expectations
2026-08-21 23:14:50
According to CoinMeta, and as reported by Bloomberg, Broadcom ( AVGO ) is in talks with a group of lenders, planning to raise over $60 billion in debt for the financing of AI chips. This move is expected to benefit Anthropic PBC and other companies. In addition, the stock price of Ross Stores ( ROST ) has risen as the discount retailer raised its full-year earnings per share forecast, with comparable store sales growth in the second quarter benefiting from an increase in new customers and higher engagement from existing customers. BJ's Wholesale ( BJ ) also raised its full-year adjusted earnings per share guidance, exceeding the average expectations of analysts.
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Source:Bloomberg
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