Michael Burry, renowned for his role in 'The Big Short', has drawn parallels between Nvidia's current purchase commitments and Cisco's actions during the peak of the dot-com bubble. Burry suggests that Nvidia's aggressive purchasing strategy may mirror the overextension seen in tech companies before the early 2000s market crash. This comparison highlights potential concerns about the sustainability of Nvidia's growth amid its significant market valuation.
Michael Burry Compares Nvidia's Purchase Commitments to Cisco's Dot-Com Era Moves
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