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Nvidia Rejects Michael Burry’s Accounting Allegations, Denies Enron Comparison

Nvidia Rejects Michael Burry’s Accounting Allegations, Denies Enron Comparison

Author:

Global Cryptocurrency

Published:

2025-11-25 13:26:02

17

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BTCCSquare news:

Nvidia has issued a firm rebuttal to Michael Burry's claims of accounting malpractices and an inflated AI bubble. The chipmaker's investor relations team circulated a seven-page memo to Wall Street analysts, dismissing comparisons to historical scandals like Enron and WorldCom. Nvidia emphasized its transparent financial reporting and robust business health.

Burry recently doubled down on his criticism, accusing Nvidia of shareholder value erosion through stock-based compensation dilution and questionable depreciation practices. The company's response comes after reporting strong third-quarter results, maintaining its position as a leader in AI hardware despite growing skepticism from some investors.

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