By Theron Mohamed
Publication Date: 2025-11-20 15:19:00
Michael Burry has continued his crusade against Nvidia and the broader AI boom, even after the chipmaker’s bosses reported blowout earnings and responded to two of his chief concerns.
Nvidia told investors not to worry
Nvidia’s record revenue and profit last quarter, and its bullish fourth-quarter growth forecast, sent its stock up 5% in premarket trading on Thursday as investors brushed off Burry’s warnings that AI stocks are in a bubble that’s bound to burst.
The company’s finance chief, Colette Kress, said on the earnings call that Nvidia had “visibility to $0.5 trillion in Blackwell and Rubin revenue” over the course of 2025 and 2026, and estimated “$3 trillion to $4 trillion in annual AI infrastructure build” by 2030.
Nvidia CEO Jensen Huang opened his remarks by saying: “There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different.”
Ann Wang/Reuters
Kress said that Nvidia’s CUDA software, which enables its older chips to run newer software and AI apps, has extended the life of…
