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Stockreport

'Big Short' investor Michael Burry warns the US will lose the AI race to China if it banks on Nvidia's 'power hungry' chips [Business Insider]

NVIDIA Corporation (NVDA)  More Company Research Source: Business Insider
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Michael Burry has called out Nvidia for pushing its "power hungry" AI microchips over alternatives. The "Big Short" investor warned the US will lose the AI race to China if it banks on Nvidia's chips. Burry has questioned the longevity of Nvidia's chips, its "give-and-take deals," and compensation. Michael Burry says Nvidia is pushing the idea that building graphics chips that consume more and more power is the best path to advancing AI — and the result could be the US losing the AI race to China. "Exactly and sadly," Burry wrote on X late Saturday, responding to another user's comment that called Nvidia the "gangster of the AI neighborhood" as it has "shut down any narrative that even hints at reducing GPU demand." In another post over the weekend, Burry shared a chart showing China has more than double America's electric generation capa [Read more]
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Stockreport

'Big Short' investor Michael Burry warns the US will lose the AI race to China if it banks on Nvidia's 'power hungry' chips [Business Insider]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Business Insider
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Michael Burry has called out Nvidia for pushing its "power hungry" AI microchips over alternatives. The "Big Short" investor warned the US will lose the AI race to China if it banks on Nvidia's chips. Burry has questioned the longevity of Nvidia's chips, its "give-and-take deals," and compensation. Michael Burry says Nvidia is pushing the idea that building graphics chips that consume more and more power is the best path to advancing AI — and the result could be the US losing the AI race to China. "Exactly and sadly," Burry wrote on X late Saturday, responding to another user's comment that called Nvidia the "gangster of the AI neighborhood" as it has "shut down any narrative that even hints at reducing GPU demand." In another post over the weekend, Burry shared a chart showing China has more than double America's electric generation capa [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS