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NVIDIA Corporation (NASDAQ:NVDA) is among the Best Semiconductor Stocks.
On June 15, CNBC reported that NVIDIA Corporation (NASDAQ:NVDA) plans to raise at least $20 billion through an investment-grade bond sale, marking its first such issuance since 2021. CNBC noted an SEC filing and sources familiar with the matter. The filing disclosed the offering without a size, while sources said the total could approach $25 billion.
An Nvidia spokesperson told CNBC the company will use proceeds for "general corporate purposes," including refinancing existing debt. The AI chipmaker has about $7.5 billion in long-term debt and $1 billion in short-term debt.
Shares rose 3.5% on Monday. Growth has accelerated sharply, and revenue reached $216 billion in fiscal 2026 as compared to $27 billion in fiscal 2022.
CNBC reported NVIDIA Corporation (NASDAQ:NVDA) had $49 billion in free cash flow in its latest quarter, from $35 billion a year before. It is also planning to return roughly half of its free cash flow to shareholders this year.
5 hours ago

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