Summer 2027
Updated on 8/29/2026
Global financial services with diversified offerings
$45.67 - $55.29/hr
No H1B Sponsorship
Palo Alto, CA, USA + 7 more
More locations: Newark, DE, USA | Plano, TX, USA | Chicago, IL, USA | Jersey City, NJ, USA | Columbus, OH, USA | New York, NY, USA | Wilmington, DE, USA
Remote
Bachelor's, Master's
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A global financial services firm offering investment banking, asset management, private equity, financial services, and consumer banking to individuals and institutions. It works by providing advisory, lending, trading, and financing services through a worldwide network, earning revenue from interest, fees, and trading commissions, and using its data and the JPMorgan Chase Institute to analyze economies. It stands apart from peers due to its size, full-range services across consumer and corporate markets, extensive market access, and in-house data-driven insights. Its goal is to deliver comprehensive financial products with integrity and growth while supporting clients and communities through data-backed analysis and targeted programs.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1959
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Health Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
GlobalFoundries has secured a $1.5 billion credit facility led by JPMorgan, maturing in 2031. The semiconductor manufacturer recently prepaid approximately $664 million in outstanding term loans in early 2025. The company maintains a strong financial position with roughly $3.3 billion in cash and marketable securities against total debt of approximately $1.1 billion. Its most recent quarterly revenue exceeded $1.7 billion. The new facility expands GlobalFoundries' borrowing capacity from a previous $1 billion revolving credit arrangement. JPMorgan, which already maintains relationships with the company through equity research and structured products, now takes on a lead lending role. GlobalFoundries produces specialised semiconductors for automotive, IoT, and communications infrastructure sectors. The expanded credit line provides additional financial flexibility amid industry-wide buildout plans and shifting trade dynamics.
IREN reports fiscal fourth-quarter earnings Thursday with JPMorgan maintaining a Sell rating and $46 price target, citing concerns about whether customer contracts can match the company's rapid GPU expansion and financing needs. The former Bitcoin miner is transitioning to AI infrastructure. In July, IREN announced $2.8 billion in additional contracts with AI developers, raising its targeted year-end AI Cloud annualised run-rate revenue above $4 billion. About 85% of that targeted ARR was under contract at the time. IREN disclosed in March it had secured over $9.3 billion in funding whilst expanding toward a 150,000-GPU fleet, with roughly $3.5 billion in additional capital spending expected. It later secured a $3.65 billion GPU financing facility supporting its Microsoft contract. JPMorgan analyst Richard Choe questions whether the company is building AI capacity faster than demand is becoming contractually committed.
JPMorgan Chase has started reaching out to potential lenders for a $5 billion debt package to fund Volta Infra Holdings' construction of AI data centres, according to sources familiar with the matter. The financing is intended to support the buildout of infrastructure needed for artificial intelligence operations. JPMorgan is leading the early-stage outreach efforts to assemble the lending syndicate. Volta Infra Holdings is seeking the substantial capital injection to expand its data centre capacity as demand for AI computing infrastructure continues to grow across the technology sector.
Core Scientific has secured $600 million in senior secured credit facilities, consisting of a $100 million revolving credit facility and a $500 million letter of credit facility. The Miami-based digital infrastructure company will use the revolving facility for general corporate purposes and working capital. The facilities are expected to release approximately $300 million of restricted cash, improving capital efficiency and financial flexibility. Borrowings under the three-year revolving facility will bear interest at Adjusted Term SOFR plus 1.75% or an alternate base rate plus 0.75%. Letters of credit will carry an annual fee of 1.75% plus a 0.125% fronting fee. Morgan Stanley Senior Funding acted as Lead Left Arranger, whilst JPMorgan Chase Bank serves as Administrative Agent. Goldman Sachs and TD Securities participated as Joint Lead Arrangers. The obligations are secured by a first-priority lien on substantially all company assets.
SpaceX shares rose 0.2% premarket on Wednesday following reports that JPMorgan Chase is allowing some company insiders to use their newly listed shares as loan collateral earlier than usual. The Financial Times reported that the bank shortened its typical 135-day waiting period, enabling eligible employees and early investors to access cash without selling shares and potentially triggering taxes. JPMorgan earned $75 million from underwriting SpaceX's June IPO. The bank stated that it assesses transactions on a case-by-case basis, considering factors like market liquidity, whilst maintaining its formal policy remains unchanged. Separately, SpaceX announced plans to develop a second Starbase near Pecan Island, Louisiana, to support high-cadence Starship operations.