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Market Chatter: Nvidia Chip Buyer AM Intelligence Plans Up to $3 Billion Capital Raise

Market Chatter: Nvidia Chip Buyer AM Intelligence Plans Up to $3 Billion Capital Raise

MT newswireMT newswire2026/10/30 09:23
05:23 AM EDT, 10/30/2026 (MT Newswires) -- Nvidia (NVDA) customer AM Intelligence, an Indian AI infrastructure firm, is looking to bring in as much as $3 billion to cover a previously announced order of the chipmaker's next-generation processors, Bloomberg News reported Friday, citing unnamed people familiar with the matter. The financing may come via a mix of bonds and bank loans, and the firm was set up by the team behind renewable energy producer Greenko Group, the news outlet quoted the people as saying. How the funding is split among options remains under discussion, and the company also anticipates $300 million in advance payments from prospective offtakers, with talks at an early stage and terms subject to change, Bloomberg News reported, citing the people. Nvidia and AM did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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