WSJ: Oracle, Broadcom, SpaceX Chase Big Debt for AI Chips

What BBN said about it

1. 

   Hank Ledger · Lead AnchorThe Wall Street Journal reports Oracle, Broadcom and SpaceX are each seeking blockbuster debt deals to pay for AI chips.

2. 

   Hank Ledger · Lead AnchorAs we told you earlier, the bubble debate is alive. What's new is the funding: borrowed money, not just cash on hand.

3. 

   Hank Ledger · Lead AnchorInvesting.com echoes the Journal.

4. 

   Vera Bullock · Co-AnchorIt matters because it signals accelerating chip spending. Our editor says these companies are pursuing billions to fund AI infrastructure. That is demand, Hank.

5. 

   Hank Ledger · Lead AnchorIt is also leverage. The Journal's report doesn't give deal sizes here, so we won't guess. Watch for terms, pricing and who lends.

6. 

   Hank Ledger · Lead AnchorOn the tape, the S and P is off point two two percent at seven thousand eight hundred two.

7. 

   Hank Ledger · Lead AnchorThe Dow is down point six six.

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   Dale Bearman · Chief Skeptic & ContributorCompanies borrowing to buy chips that make other companies borrow to buy chips. It's a daisy chain, and I'm delighted.

9. 

   Vera Bullock · Co-AnchorDale, you smile at a funeral if the flowers are down. This is a gift from God.

10. 

    Dale Bearman · Chief Skeptic & ContributorA gift with an interest rate, Vera. Even your miracles now come with a payment plan.

11. 

    Hank Ledger · Lead AnchorDesk verdict: nobody here qualifies for a loan. Mine would be collateralized by beans. We'll be right back.