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Oracle, SpaceX Seek Financing for AI Chip Purchases","url":"https://stock-news.laohu8.com/highlight/detail?id=2673177043","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673177043?lang=en_us&edition=fundamental","pubTime":"2026-10-08 07:20","pubTimestamp":1791415255,"startTime":"0","endTime":"0","summary":"Broadcom , Oracle  and SpaceX  are in talks with lenders to arrange financing for purchases of artificial intelligence chips, The Wall Street Journal reported Wednesday, citing people familiar with the matter.Broadcom has been working to arrange more than $50 billion in financing for OpenAI's custom AI chip, which Broadcom and OpenAI are developing together. Apollo Global Management  and Blackstone  are among the lenders Broadcom has discussed participating in the deal, the report said, citing the people.Oracle is in talks with Apollo and Goldman Sachs  to arrange financing for a major chip purchase, with the company seeking to complete the deal as soon as this year, according to the report.SpaceX has also discussed with lenders in recent days a $40 billion financing for Nvidia  chips, the report added.Broadcom, Oracle, and SpaceX did not immediately respond to a request for comment from MT 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This development empowers machines such as robots and drones to better understand and interact with real-world environments by offering features like action segmentation, dense captioning, and quality scoring. 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Stock Outperforms Competitors On Strong Trading DayThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Broadcom Inc.  rallied 3.67% to $375.81 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index  rising 0.58% to 7,818.93 and the Dow Jones Industrial Average  rising 0.49% to 51,521.28.This was the stock's third consecutive day of gains.Broadcom Inc. closed 24.08% below its 52-week high of $495.00, which the company reached on June 3rd.The stock outperformed some of its competitors Tuesday, as NVIDIA Corp.  rose 0.14% to $239.24, Qualcomm Inc.  rose 0.13% to $181.03, and Intel Corp.  fell 3.18% to $112.50.Trading volume  eclipsed its 50-day average volume of 23.1 M.Data source: Dow Jones Market Data, FactSet. 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