Core Viewpoint - Notable investor Michael Burry has criticized Nvidia regarding its stock incentives, investments, and accounting practices, to which Nvidia has responded directly [1]. Group 1: Stock Incentives - Nvidia addressed Burry's claim that its stock incentives have harmed shareholder value, stating that shareholder returns have not decreased by 50% as he suggested. The company clarified that it has repurchased $91 billion in stock since 2018, not $112.5 billion, and that Burry mistakenly included tax expenses related to restricted stock units in his calculations. Nvidia emphasized that its employee compensation aligns with industry standards and that the benefits employees receive from stock price increases do not imply that the initial stock incentives were excessive [2]. Group 2: Accounting Fraud Allegations - Nvidia refuted comparisons made between the company and historical accounting fraud cases such as Enron and WorldCom. The company asserted that it maintains a solid financial foundation, transparent financial reporting, and a strong commitment to corporate integrity [3]. Group 3: Circular Financing Concerns - In response to criticisms regarding "circular financing" among AI companies, Nvidia stated that its strategic investments represent a small portion of its revenue and constitute a negligible share of the approximately $1 trillion in annual financing in the global private capital market. The revenue of companies within Nvidia's strategic investment portfolio primarily comes from third-party clients rather than Nvidia itself [4].