‘We are not Enron’: Nvidia rejects AI bubble fears
finance.yahoo.com
Nvidia has insisted it is not facing an Enron-style financial scandal, as the chipmaker hit back at short-sellers betting against an AI bubble.

The investor has also claimed the way Nvidia’s graphics chips are accounted for is incorrect, claiming they have a much shorter use life than has been suggested.

  • sodium_nitride [she/her, any]@hexbear.netEnglish
    0·
    4 days ago

    The investor has also claimed the way Nvidia’s graphics chips are accounted for is incorrect, claiming they have a much shorter use life than has been suggested.

    Last month, he revealed bets against Nvidia and Palantir of more than $1bn (£760m), allowing him to make a significant profit if the stock fell.

    Everyone in this whole ordeal is a scammer one way or another. Whether they bet on AI or against it.