No, Nvidia is Not Enron –The Real Nightmare is Cisco's Ghost

No, Nvidia is Not Enron –The Real Nightmare is Cisco's Ghost

By Rich Duprey
Publication Date: 2025-11-28 17:13:00

Nvidia (NASDAQ:NVDA) recently found itself in the unusual position of distributing a defensive seven-page rebuttal to Wall Street analysts, directly countering accusations of Enron-style accounting. The document, obtained by outlets like Barron’s and Business Insider, dismisses claims of hidden debt, inflated revenue through special purpose vehicles, and vendor financing schemes akin to those that sank … No, Nvidia is Not Enron –The Real Nightmare is Cisco’s Ghost