Yahoo · Oct 30, 2026
Key TakeawaysBanks plan to sell as much as about $21 billion of bonds for the $63 billion package Broadcom put together to finance Anthropic’s chips, Bloomberg reported. Former SEC Chair Gary Gensler compared the package to the off-balance-sheet deals of 2008 and raised concerns about guarantees written by Broadcom, NVIDIA and AMD.
Yahoo · Oct 30, 2026
Key TakeawaysBank of America, Citigroup, Morgan Stanley and Blackstone committed $63 billion to a vehicle that will buy Broadcom’s AI chips and networking gear and lease them to Anthropic. Some banks reportedly considered pulling out until Broadcom CEO Hock Tan agreed to higher interest rates and gave them more comfort on Broadcom’s guarantees.
Yahoo · Oct 30, 2026
Broadcom Inc. recently reported sharp growth in AI semiconductor revenue, expanded custom accelerator work with Anthropic and Meta, and shipped 89 security fixes in TrueSource Spring Enterprise while rolling out new application security and patch automation capabilities. In the same period, Anthropic became a central hardware partner, VMware-based private cloud deals deepened with DOCOMO and FedEx, and Arcot Scam Defense targeted rising card-not-present fraud. Together, these developments...
Yahoo · Oct 30, 2026
The shares have sold off heavily in recent months, yet revenue continues to boom.
Yahoo · Oct 30, 2026
Alphabet, Amazon, Microsoft, SpaceX, Broadcom, and others all have sizeable deals that rely on artificial-intelligence lab Anthropic succeeding.