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Burry Says Nvidia Is 'Clearly Cisco' as Huawei Chip Announcement Shakes AI Hardware Valuation Story
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Burry Says Nvidia Is 'Clearly Cisco' as Huawei Chip Announcement Shakes AI Hardware Valuation Story
Michael Burry responded to renewed scrutiny of his AI bear case Tuesday with a pointed clarification: “I stand by my analysis. I am not claiming Nvidia is Enron. It is clearly Cisco.” The comment comes after Nvidia (Nasdaq: NVDA) distributed a seven-page memo to Wall Street analysts rebutting what it described as inaccurate portrayals of its accounting practices — pushing back on Burry’s arguments about stock-based compensation and GPU depreciat…
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