Meta announces $35 billion equity raise with Nvidia AMD Broadcom interest
Meta announced a $35 billion equity offering, issuing $22.5 billion in Class A stock and $12.5 billion in mandatory convertible preferred stock. Nvidia, AMD, and Broadcom signaled interest to buy up to $5 billion in Class A shares. Proceeds will fund AI infrastructure, with 2026 capex projected at $135 billion to $145 billion. Meta shares rose over 2 percent premarket.