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NVDA Faces Fresh 'Circular Financing' Scrutiny from Burry

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Michael Burry criticized Nvidia's $105B credit support for an OpenAI data center, alleging 'circular financing' and warning investors.
  • Nvidia's management defends the deal, asserting OpenAI will pay the lease.
  • Despite strong recent performance, Burry maintains a long-term bearish short position.
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NVDA price history

212.17 +17.98% over the displayed period

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