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Leo Miller

SHOCKING: Why meta platforms 100 billion financing plan is a boon for chip giant broadcom - What They Never Told You

Meta Platforms (NASDAQ: META) made a key announcement days after the company’s Q3 earnings release. As past reports suggested, Meta has announced plans to tap equity markets to fund its AI buildout.

Meta named semiconductor giant Broadcom (NASDAQ: AVGO) a “Cornerstone Investor” in its equity offering plan. Right off the bat, this highlights a key concern surrounding the AI buildout: circular financing.

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