Global marketsUpdated November 10

Goldman Sachs CEO calls concerns about Nvidia relying on Huang overblown

David Solomon told CNBC that concerns about Nvidia relying too heavily on CEO Jensen Huang are overblown. He said the ecosystem isn’t centered on one person, and Nvidia would remain an important American company whatever happened. Goldman is part of a Wall Street consortium committed to raising $500 billion to help finance Nvidia’s AI buildout. The other five finance firms named in the report either declined to comment on Nvidia’s troubles or pointed to Solomon’s remarks.

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Coverage started November 10