Goldman Sachs: Oracle's epic bond issuance will trigger an AI debt frenzy
Goldman Sachs' syndicate department stated that Oracle's record bond issuance has injected a strong boost into the bond market, which not only alleviates market anxiety but also "paves the way" for other tech giants planning to raise hundreds of billions for AI infrastructure.
Due to the extremely high costs of building AI data centers—some estimates reach up to $5 trillion—recently, the market has been concerned about a potential oversupply in the bond market. Therefore, when Oracle raised $25 billion in the investment-grade bond market on Monday, eager investors flooded in with over $129 billion in orders, which is seen as an excellent signal. Goldman Sachs is one of the Wall Street banks managing this transaction. (Bloomberg)
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