Broadcom Inc. (NASDAQ: AVGO) is preparing roughly $60 billion in new AI financing through its banking syndicate, a package designed to help companies including Anthropic PBC acquire chips and computing infrastructure while broadening demand for Broadcom's data-center products.

Bloomberg reported the plan on Friday, October 2, 2026. Broadcom declined to comment on the potential financing.

How is the $60 billion structured?

The package splits into two tranches:

• $42 billion Class A senior-secured tranche — banks involved in the deal are preparing to syndicate it.
• $18 billion Class B junior-debt tranche — Blackstone Inc. leads, committing $9 billion through its own funds and planning to syndicate the remainder.

The structure could give Anthropic and other AI companies access to additional computing capacity. For Broadcom, it serves a dual purpose: selling more chips and data-center equipment while competing with NVIDIA Corp. (NASDAQ: NVDA), which has already built its own financing apparatus around AI infrastructure.

Why are chipmakers turning to credit markets?

The financing arrives as AI investment pushes deeper into debt markets, private capital and asset-backed structures — a buildout that corporate cash flow alone may no longer cover.

UBP estimates the scale of the shortfall. Microsoft, Amazon, Alphabet, Meta and Oracle will spend roughly $820 billion on capital expenditures in 2026, against about $750 billion in operating cash flow. UBP projects capex could reach $1 trillion to $1.3 trillion in 2027, leaving a funding gap that operating earnings alone cannot close.

Companies are consequently moving beyond conventional bonds into:

• Project finance
• Securitization
• Leveraged loans
• Chip-backed financing

Amazon has reportedly explored transferring about $8 billion of NVIDIA chips into a special-purpose vehicle that could raise debt and lease the processors back to Amazon. Meta is preparing to enter Europe's bond market. NVIDIA has worked with major financial firms to mobilize more than $500 billion for AI infrastructure and has explored insurance structures that could reduce lender risk on chip-backed loans.

What are the leverage risks?

The shift is raising concerns about leverage and off-balance-sheet exposure. Investor Steve Eisman has criticized the growing use of special-purpose vehicles and guarantees, warning that soaring infrastructure costs give companies an incentive to move financing away from their balance sheets.

The broader trend ties AI financing increasingly to the value of chips, data centers and projected future cash flows.

For Broadcom, the expanding capital network could help customers fund infrastructure purchases while widening the addressable market for its AI hardware.

Market reaction

Broadcom shares rose 1.08% to $347.35 in premarket trading on Friday, according to Benzinga Pro data.