Michael Burry Challenges Nvidia’s AI Dominance Narrative Amid Earnings Surge
Michael Burry, the investor famed for predicting the 2008 financial crisis, has cast doubt on Nvidia’s AI-driven growth story despite blockbuster earnings. His skepticism centers on chip longevity, stock dilution risks, and what he calls 'ridiculously small' end demand for AI hardware. Nvidia shares dipped 4.1% following his remarks.
The chipmaker countered with bullish metrics: CFO Colette Kress highlighted how CUDA software extends the lifespan of older GPUs, with six-year-old A100 chips still running modern AI workloads. She projected $0.5 trillion in future revenue from the Blackwell architecture, brushing off bubble concerns.