Wall Street commits $63B to AI hardware with risk shared by chipmaker Broadcom.

Blackstone, Bank of America, Citigroup, and Morgan Stanley announced a $63 billion financing deal to buy AI computing equipment from Broadcom and lease it to Anthropic. Broadcom provides residual-value guarantees, protecting lenders against the risk of AI hardware losing value faster than lease payments. This deal highlights concerns about the long-term value of AI hardware and the financial exposure of lenders, especially as Anthropic faces large lease obligations. The structure shifts some risk to Broadcom, which depends heavily on AI demand, while Wall Street's large capital commitment signals both confidence and caution in AI technology investments.

Blackstone leads with a market cap of $93.41 billion and a 1-day price increase of 2.58% on Pluang as of Oct 29, 2026 22:12 WIB, reflecting strong investor interest in financial firms involved in AI deals. Bank of America and Citigroup also show gains of 1.97% and 2.02% respectively, while Broadcom, the AI hardware provider, is down 2.18%, highlighting mixed market reactions to the $63 billion AI financing deal. This contrast underscores the cautious optimism and risk concerns surrounding AI investments.