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home / news releases / NVDA - Nvidia Hits The Debt Markets


NVDA - Nvidia Hits The Debt Markets

Earlier this week, chipmaker Nvidia (NVDA) filed for a mixed shelf offering. A company does this to announce it is looking to sell debt and or equity securities, although these subsequent transactions don't always have to occur right away. In this case, however, the company did tap the debt markets on Thursday to the tune of $5 billion, and at fairly decent rates. This will not only strengthen the company's balance sheet in the near term, but it likely is a sign that the long waited Mellanox (MLNX) deal might

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Stock Information

Company Name: NVIDIA Corporation
Stock Symbol: NVDA
Market: NASDAQ
Website: nvidia.com

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