‘Big Short’ Michael Burry warns Nvidia mirrors Cisco

Scion Asset Management founder Michael Burry, best known for shorting subprime mortgages before the 2008 market crash, has made another dire warning. And this time, he is cautioning about the artificial intelligence (AI) darling Nvidia (Nasdaq: NVDA). As per Burry, Nvidia’s purchase commitments mirror those of Cisco Systems (Nasdaq: CSCO) at the top of the dot-com bubble. Related: ‘Big Short’ Michael Burry buys internet’s favorite meme stock Who is Michael Burry? Michael Burry is an investor who gained ...