The credit market may be tired of the data center's record funding activity, but tech companies haven't stopped. Castle Securities predicts that by 2028, they will also finance more than 500 billion US dollars of debt in the open market and private equity markets to fund the chips needed to build an artificial intelligence park. Jeff Eason, chief analyst of the company's investment-grade bond division, said that this amount is equivalent to more than 5% of the total size of Bloomberg's US investment grade bond index. He expects that most of the bonds issued will be short, about three to five years, to match the useful life of the chips, and that some of them may be issued in the form of 144A private placement. Eason pointed out that this forecast may still be conservative.

The credit market may be tired of the data center's record funding activity, but tech companies haven't stopped. Castle Securities predicts that by 2028, they will also finance more than 500 billion US dollars of debt in the open market and private equity markets to fund the chips needed to build an artificial intelligence park. Jeff Eason, chief analyst of the company's investment-grade bond division, said that this amount is equivalent to more than 5% of the total size of Bloomberg's US investment grade bond index. He expects that most of the bonds issued will be short, about three to five years, to match the useful life of the chips, and that some of them may be issued in the form of 144A private placement. Eason pointed out that this forecast may still be conservative.