Nvidia became the latest tech giant to sell bonds on Monday, offering up $25 billion. Others — Amazon and Alphabet, notably — have also gone to the bond market in recent months.
The company’s borrowing tens of billions of dollars to build out data centers. Some of those bonds, in the United Kingdom, have a 100-year maturity date.
Google, Facebook and Amazon will all be focuses of antitrust cases in the year ahead, but a Trump administration will take a different approach to antitrust enforcement than Biden’s has.