(https://www.cnbc.com/2026/08/21/broadcom-debt-deal-expected-to-reach-upwards-of-70-billion-sources.html) isn't a bullish catalyst for AI — it's a financing desperation move disguised as confidence. The company is essentially saying: "We can't generate enough organic cash to fund this capex, so we're levering up hard." That's not the posture of a company with locked-in demand visibility.

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