Fatima Gulzar
1 min read
NVIDIA Corporation (NASDAQ:NVDA) is among the Best Semiconductor Stocks.
On June 15, CNBC reported that NVIDIA Corporation (NASDAQ:NVDA) plans to raise at least $20 billion through an investment-grade bond sale, marking its first such issuance since 2021. CNBC noted an SEC filing and sources familiar with the matter. The filing disclosed the offering without a size, while sources said the total could approach $25 billion.
An Nvidia spokesperson told CNBC the company will use proceeds for “general corporate purposes,” including refinancing existing debt. The AI chipmaker has about $7.5 billion in long-term debt and $1 billion in short-term debt.
Shares rose 3.5% on Monday. Growth has accelerated sharply, and revenue reached $216 billion in fiscal 2026 as compared to $27 billion in fiscal 2022.
CNBC reported NVIDIA Corporation (NASDAQ:NVDA) had $49 billion in free cash flow in its latest quarter, from $35 billion a year before. It is also planning to return roughly half of its free cash flow to shareholders this year.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and related multimedia applications. It functions in graphics processing unit and compute and networking segments.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
