Proactive Investors - NVIDIA Corporation (NASDAQ:NVDA) has filed to raise up to US$10 billion of new funds via a mixed-shelf offering.
The mixed shelf, which according to filings with the US Securities and Exchange Commission yesterday, will include shares of its common stock, preferred stock, warrants, debt securities and purchase contracts.
The US chipmaker looks to build on its recent fourth-quarter results, which showed that it had rebounded from the prior quarter’s losses with earnings per share of $0.88 versus $0.81 expected on revenues of $6.05 billion versus $6.01 billion expected.
Shares of Nvidia were down nearly 1% to $230.10 in New York Wednesday morning.