Meta Raises Up to $95 Billion in Equity to Finance Its AI Offensive. NVIDIA and Other Chip Companies Want to Join In!

Meta plans to raise up to $95 billion through the sale of common and preferred shares to finance its AI infrastructure expansion. Notably, chip companies NVIDIA, AMD, and Broadcom are participating with up to $5 billion. The stock turns positive after initial losses. Billion-Dollar Capital Increase According to Meta, it is offering approximately $35 billion in common and preferred shares and additionally plans to place up to around $60 billion through a so-called At-the-Market program, where the company sells shares gradually directly on the...