Michael Burry says he's still bearish after Nvidia's 10% plunge — but the market may see it as a 'heck of a trade' soon
Business Insider
Investor Michael Burry remains bearish on Nvidia despite its nearly 10% stock drop following CEO Jensen Huang's scandal involving an affair and ties to a suspected Chinese spy. Burry doubts the scandal will severely damage Nvidia's business but warns of potential US regulatory crackdowns and faster erosion of its competitive edge over the next five years.
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- Nvidia Scandal Tests the Resilience of the Global AI Boom· The Wall Street Journal
- Following: Jensen Huang’s affair with an alleged Chinese spy and GPU smuggler· Platformer
- Nvidia Intervened in US Government Probe: Report· Gizmodo
- What we know about Joon H. Kim and Wachtell, the law firm probing Jensen Huang· Business Insider