Goldman Sachs Raises Apple Stake to $26.9B and Backs $300M Crusoe Loan
GSGS•
Goldman Sachs increased its Apple stake by 3% to 99 million shares valued at $26.9 billion, making it its second-largest holding at 3.3% of portfolio weight. The firm also financed a $300 million loan to Crusoe backed by AMD AI accelerators as collateral at a 6% interest rate.
1. Apple Stake Increase
Goldman Sachs lifted its Apple position by 3%, bringing holdings to over 99 million shares valued at $26.9 billion, which represents 3.3% of its total portfolio and ranks Apple as the firm’s second-largest equity holding.
2. Crusoe Loan Financing
The firm provided a $300 million loan to Crusoe for AI data center buildout, using AMD’s AI accelerators as collateral and securing a 6% interest rate to support deployment of the chipmaker’s hardware.
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Sources
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