By Anushka Basu
Publication Date: 2026-03-15 06:08:00
Anthropic announced last year that it trained and deployed its Claude models on Google TPUs, Amazon Trainium CPUs, apart from Nvidia GPUs.
- Investor Michael Burry has compared Nvidia’s situation to Cisco’s historical reliance on SmartNet support agreements.
- He noted that Cisco maintained dominance for about a decade but suffered a decline in its stock price after the tech bubble burst.
- He claimed that Nvidia’s position could be threatened as major tech firms increasingly invest in their own custom AI chips.
Investor Michael Burry has raised concerns that Nvidia’s future might resemble Cisco Systems’ after the dot-com boom. He says that the chipmaker’s perceived competitive moat may not be as strong as many investors think.
Burry wrote an article on Sunday comparing Nvidia to Cisco in the early 2000s. He said that Cisco was able to stay on top because its SmartNet support agreements kept customers locked in. These contracts made clients buy ongoing support services, which made it hard…
