Nvidia has joined the wave of debt financing for artificial intelligence infrastructure. On June 15, the company issued $25 billion of investment‑grade bonds, its first debt offering since 2021. The deal, the second large high‑grade bond sale in the United States this year, attracted about $85 billion of investor orders—more than three times the amount offered—prompting Nvidia to raise its target from the planned $20 billion to a higher figure. This move follows Alphabet, Amazon, Meta, Oracle and Salesforce, which together have raised roughly $132 billion through investment‑grade bond issuances so far in 2024.