Six Wall Street giants back Nvidia as company answers ‘circular financing’ claims

NEW: Six Wall Street giants are backing Nvidia's push to raise hundreds of billions for AI infrastructure, as the company answers mounting 'circular financing' claims.

Six of the biggest names on Wall Street just lined up behind Nvidia. Not with praise, with money, backing the company's push to raise hundreds of billions of dollars for AI infrastructure.

This lands right as the circular financing chatter gets loud. The accusation goes like this, Nvidia invests in AI companies, those companies turn around and spend the cash on Nvidia chips, and everyone books it as growth. Critics call it a merry-go-round. Jensen Huang calls it building the future, and now six banking giants are effectively co-signing his version. Here's the man himself, and the headquarters where all those billions are pointed.

When Wall Street piles in together, they're not just lending, they're betting their own reputations that this isn't a loop. So let's make it tradeable.

This is Sara White, reporting for HIT.

Source Read the original reporting at timesofindia.indiatimes.com