Michael Burry Says The One Thing He Wished He Had Done Before 2008 Crisis Was To Have Been The Canary In The Mine: 'People Wonder Why I Do This' - Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT)

Core Viewpoint - Investor Michael Burry emphasizes concerns about GPU depreciation at major hyperscalers and AI companies, referencing Microsoft CEO Satya Nadella's insights on the economic complexities of data center investments [1][3][6]. Group 1: Microsoft and GPU Depreciation - Nadella highlighted the rapid advancements in chip design, which lead to older infrastructure becoming less efficient due to differences in power usage and cooling demands [3][4]. - Microsoft is cautious about scaling data center capacity tied to a single generation of NVIDIA GPUs, indicating a strategic approach to avoid overbuilding [4][5]. - Nadella expressed concerns about the economic value lost as new NVIDIA chips are released annually, which aligns with Burry's claims regarding overstated earnings and depreciation practices among hyperscalers [6][7]. Group 2: Burry's Claims and Industry Reactions - Burry has reiterated his stance on the overstated earnings and depreciation practices by companies like Meta and Oracle, labeling it as a prevalent form of modern fraud [7]. - Investor Steve Eisman disagrees with Burry's depreciation calculations, suggesting that the focus should be on the returns and cost savings from these significant investments [8].