NVDA News Today, Nov 15: Michael Burry’s Bearish AI Bet Challenged by Industry Experts
Today’s financial news shines a light on Michael Burry’s bold decision to bet against AI giants like NVIDIA through his fund, Scion Asset Management. With NVIDIA’s stock currently trading at $190.17, up 1.77%, Burry’s move has sparked discussions across Wall Street. Analysts at JPMorgan counter his bearish stance, emphasizing the promising growth in AI-driven revenues. This highlights a crucial debate between skepticism and optimism in AI investments, affecting both investors and tech sectors.
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