Meta Secures $29 Billion Financing for Data Center Expansion, Boeing Clears $4.7 Billion Acquisition of Spirit AeroSystems, and More.

Meta Platforms has secured $29 bln in financing for its data center expansion in Louisiana, while Boeing received clearance for its $4.7 bln acquisition of Spirit AeroSystems. Taiwan Semiconductor Manufacturing reported a 26% YoY increase in July sales, driven by strong AI demand. CureVac and GSK will receive $740 mln from Pfizer and BioNTech to settle a patent dispute over mRNA-based COVID vaccines. Occidental Petroleum announced $500 mln in cost reductions and plans to repay $7.5 bln in debt ahead of schedule. ConocoPhillips aims to sell $5 bln in assets and achieve $2 bln in run rate improvements by 2026. Gilead Sciences raised its 2025 sales and EPS guidance, fueled by the launch of Yeztugo for HIV prevention.

Meta Platforms Inc. has secured a $29 billion financing deal for its data center expansion in rural Louisiana, marking a significant step in the company's AI infrastructure development. The deal, led by Pacific Investment Management Co. (PIMCO) and Blue Owl Capital Inc., is part of Meta's broader strategy to enhance its AI capabilities and maintain a competitive edge in the rapidly evolving tech landscape [1].

In a separate development, Boeing received clearance from U.K. antitrust officials for its $4.7 billion acquisition of Spirit AeroSystems Holdings. The U.K. Competition and Markets Authority concluded that the deal would not stifle competition in the U.K. market [2].

Meanwhile, Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 26% year-over-year increase in July sales, driven by strong demand for AI chips. The company's stock gained 23% year-to-date, reflecting investor confidence in its ability to capitalize on the AI boom [3].

Additionally, CureVac and GSK will receive $740 million from Pfizer and BioNTech to settle a patent dispute over mRNA-based COVID vaccines. This settlement is part of a broader trend of collaboration and investment in the biotech sector.

Occidental Petroleum announced $500 million in cost reductions and plans to repay $7.5 billion in debt ahead of schedule, signaling a shift towards financial stability and operational efficiency. ConocoPhillips aims to sell $5 billion in assets and achieve $2 billion in run rate improvements by 2026, as part of its strategic restructuring efforts.

Gilead Sciences raised its 2025 sales and EPS guidance, driven by the launch of Yeztugo for HIV prevention. The drug's success underscores the company's commitment to innovation and its ability to capitalize on emerging market opportunities.

These significant financial moves highlight the diverse strategies being employed by major corporations to navigate the current economic landscape and capitalize on emerging technologies and market trends.

References:
[1] https://theoutpost.ai/news-story/meta-secures-29-billion-financing-for-ai-data-center-expansion-in-louisiana-18861/
[2] https://www.marketscreener.com/news/boeing-s-4-7-billion-spirit-aerosystems-deal-gets-u-k-competition-authority-clearance-ce7c5edcd180f624
[3] https://www.benzinga.com/markets/tech/25/08/46993950/taiwan-semiconductor-rides-ai-wave-to-double-digit-revenue-gains-in-july