Is the "big short" losing their cool? Burry angrily denounces Nvidia's $500 billion financing as "financial engineering of 2008," yet the market is supporting the demand for AI computing power with real money.
According to the Zhitong Finance APP, on Wednesday, during the initial trading session of the U.S. stock market, Michael Burry, known as the "Big Short," launched a fierce critique of the $500 billion artificial intelligence infrastructure financing arrangement led by AI chip giant Nvidia (NVDA.US). He compared the complex financing network, composed of private credit and asset-backed securities, to the systemic financial risks that accumulated on the eve of the 2008 financial crisis, labeling the arrangement as a Wall Street-exclusive stunt similar to those of 2008.
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