fromBusiness Insider
1 week ago'Big Short' Michael Burry warns Nvidia is taking on risk that could be 'catastrophic'
To be clear, NVDA has been forced to place non-cancellable purchase orders well before demand is known. This new reality reflects a deliberate decision to lock up supply chain capacity further than Nvidia has ever done before. Nvidia's $117 billion in total supply obligations nearly matched its operating cash flow for the year ended January 25. This is not business as usual. This is risk.
Artificial intelligence