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Market Chatter: Apollo, Blackstone in Talks on $35 Billion Financing for Broadcom

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-- Apollo Global Management (APO) and Blackstone (BX) are among the private-credit firms involved in discussions with Broadcom (AVGO) on $35 billion in financing, Bloomberg reported, citing people familiar with the matter.

The financing would help Broadcom fund development of chips for AI workloads, the report said.

The companies didn't immediately reply to requests for comment from.

(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.)

Price: $130.52, Change: $+2.73, Percent Change: +2.14%

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