Michael Burry Compares Nvidia's $95 Billion Purchase Commitments To Cisco's Dot-Com Peak: 'This Is Not Business as Usual. This Is Risk.' - NVIDIA (NASDAQ:NVDA)

Michael Burry on Thursday issued a warning regarding Nvidia Corp.'s (NASDAQ:NVDA) massive surge in purchase obligations, claiming the chipmaker is mirroring the structural risks that led to Cisco Systems Inc.‘s (NASDAQ:CSCO) collapse during the dot-com bubble.$95 Billion Red FlagWhen combined with other supply agreements, Nvidia's total commitments now stand at approximately $117 billion.Burry argues that this isn’t a reaction to external shocks but a fundamental, risky change in how the company operates. " ...