Broadcom

The AI build-out has prompted tech giants to seek new forms of financing

Banks involved in the massive debt package include Bank of America, Citigroup and Morgan Stanley

It estimates fourth-quarter revenue of about US$34.8 billion, compared with analysts’ average estimate of US$35.03 billion

The company plays a crucial role in helping design custom chips for firms like Alphabet and Meta

How should investors gauge the probability that these off-balance-sheet contingencies will turn into on-balance-sheet problems?

Tie-up comes as global technology companies increasingly develop their own custom AI accelerators

The extended partnership reinforces Apple’s strategy of locking in long-term supply agreements with key chipmakers

The finalised chips will be integrated into large data centres later this year.

The chipmaker will deploy three gigawatts of computing power for Meta through the end of 2028