Warren Buffett Is Buying Artificial Intelligence (AI) Stocks While Michael Burry Is Shorting Them -- Who's Right?

With Nvidia, Burry's concerns are tied to a more subtle detail. The chipmaker is the market leader in graphics processing units (GPUs), advanced parallel processors that are widely used to develop and power generative AI applications.For instance, during the height of the dot-com bubble, the P/S ratios of internet pioneers such as Microsoft , Cisco , and Amazon peaked in the range of 30 to 50. Given how much further Palantir's valuation has climbed beyond those excessive levels, it could be argued that the ...