US EditionThis Thanksgiving’s Real Drama May Be Michael Burry versus Nvidia
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Nvidia responds to concerns over record valuation
Nvidia, currently the most valuable company in the world, is addressing concerns about its record valuation. After criticism from investors such as Michael Burry, known for his successful bets against the US housing market ahead of the 2008 financial crisis, Nvidia has sent a detailed memo to analysts to counter those doubts. Despite a recent [… The post Nvidia responds to concerns over record valuation appeared first on TechCentral.ie.
This Thanksgiving’s real drama may be Michael Burry versus Nvidia
While you’ve been sweating the details over Thanksgiving, famed investor Michael Burry – the one portrayed by Christian Bale played in “The Big Short” – has been waging an increasingly aggressive war against Nvidia. It’s a battle worth watching because Burry might actually win it. What makes this…
The confrontation between Michael Burry and Nvidia continues to add milestones. Today Reuters has released the detailed memorandum that the company queen of the chips sent to the shareholders putting the points on the ies to all the assertions made by the investor famous for appearing in the film 'La grande bet'.It all started with a publication of Burry in which it pointed to Nvidia ensuring that "Nvidia's share-based remuneration has damaged t…
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