Nvidia $500B AI financing platform draws Michael Burry scrutiny
Nvidia reported $91.96 billion in revenue and $50.94 billion in profit, alongside a push to expand AI infrastructure funding. Michael Burry argues the chip demand reflects “circular” financing, even as Nvidia partners with six financial institutions to provide $500 billion in independent project financing. Nvidia says investors underwrite projects based on customer and cash-flow assumptions, while Morgan Stanley estimates credit exposure could reach $200 billion by 2028.