Michael Burry has doubled down on his criticism of NVIDIA, even after reports emerged that the leading AI company had rebutted his analysis.
Burry, who gained fame for shorting the housing market during the 2008 financial crisis, took to social media platform X last week to criticize NVIDIA's stock-based compensation dilution and share buybacks. Over the weekend, NVIDIA reportedly sent a memo to Wall Street analysts addressing these claims.
On Monday, Burry reiterated his stance in another X post, stating that he would share more thoughts later and referencing an article on his Substack.
Neither Burry nor NVIDIA has responded to requests for comment on the matter.
In recent weeks, Burry has targeted NVIDIA, questioning the cyclicality of AI transactions, revenue recognition methods, and how major tech companies account for equipment depreciation. NVIDIA's stock rose 2.1% on Monday but remains 12% below its late-October record high.