Locator: 51851AVGO.
Locator: 51851ANTHROPIC.
The headline is there: circular financing. This should get a lot of discussion CNBC tomorrow. LOL.
Two things:
- read the social comments; and, then, remember,
- market cap, AVGO, $1.64 trillion; and likely market cap of Anthropic, $2 trillion.
AVGO:
- cash on hand: $20 billion;
- operating cash flow (trailing): $87 billion
I'm sure they will structure deal so as not to have to "spend" the full $42 billion in one year.
$42 billion / $3 trillion = 1.4%.
I often make simple arithmetic errors. But I think that's correct.
