US on wrong path because of Nvidia, warns investor who predicted 2008 financial crisis

Published 4 hours ago
Source: timesofindia.indiatimes.com
US on wrong path because of Nvidia, warns investor who predicted 2008 financial crisis
Michael Burry warns America's AI strategy is at a structural disadvantage due to heavy reliance on energy-intensive Nvidia chips. He highlights China's rapid power generation buildout and contrasts it with the US's slower grid development. Burry urges a shift towards more efficient AI-tuned ASICs, questioning Nvidia's soaring valuation and sustainability.