Meta plans $35 billion stock offering, with Nvidia, AMD and Broadcom eyeing purchases

what happened

Meta Platforms has launched offerings of about $35 billion, split between Class A common stock sold through forward agreements and mandatory convertible preferred shares. The proceeds will fund AI infrastructure and what the company calls personal superintelligence. Meta says these investments are already producing tangible returns through higher engagement and better ad monetization.

Nvidia, AMD and Broadcom have indicated non-binding interest in buying up to $5 billion in aggregate on the same terms as other buyers. Meta also plans an at-the-market program of roughly $60 billion tied to its new non-voting Class C shares, which are expected to begin trading in the first quarter of 2027. Morgan Stanley and Goldman Sachs are lead bookrunners.

According to Dow Jones Newswires, citing MarketWatch, Meta expects capital expenditures of $135 billion to $145 billion in 2026. Its shares were up about 2% before the market open on Monday.

why it matters

Raising this much capital alongside heavy capital spending shows how large technology firms are turning to equity markets to finance AI. For investors, dilution and large share sales can weigh on stock prices, while interest from major chipmakers points to sustained demand for AI infrastructure.

market impact

Meta shares and AI chip stocks: dilution and large offerings can add pressure, while chipmaker demand supports the AI theme.

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instruments