Summary: Nvidia issued a memo to analysts rebutting claims from Michael Burry and others about its $4.5 trillion valuation. The memo addressed concerns about inventory, customer payments, and comparisons to historical accounting frauds, while acknowledging lower gross margins and higher warranty costs for its Blackwell chips. Nvidia also publicly responded to a report about Meta Platforms potentially using Google AI chips, asserting its chips’ superiority.

Link: https://www.channelnewsasia.com/business/nvidia-rebuts-critics-in-memo-analysts-amid-pushback-campaign-5492981