| ▲ | khurs 2 hours ago | |
That means Nvidia are charging too much and the wider customer base can't afford it. "Nvidia earlier this month said it was aiming to raise debt which sources said could amount to at least $20 billion. The firm intends to use the proceeds from the offering for general corporate purposes, including repayment and refinancing of existing debt." Thought they were swimming in money... | ||
| ▲ | mschild 2 hours ago | parent | next [-] | |
It can be cheaper to borrow additional money instead of existing savings (in whatever form they are) if the interest rate is low enough. I'd imagine there are a lot of lenders that have no issue giving nvidia super low interest rates because of who they are and the fact that they are printing money. | ||
| ▲ | mschuster91 2 hours ago | parent | prev [-] | |
> Thought they were swimming in money... Refinancing existing debt if you have favorable market conditions always makes sense. | ||