Propelled by the artificial intelligence (AI) craze, NVIDIA's performance has soared to unprecedented heights. However, this meteoric rise has also drawn parallels to the dot-com frenzy of the late 20th century and the infamous Enron scandal. Recently, NVIDIA unveiled robust quarterly financial figures, with revenue surging to $57 billion, marking a 62% year-on-year increase. Meanwhile, its data center business revenue soared to $51.2 billion, a 66% jump from the previous year. NVIDIA's CEO, Jensen Huang, and CFO both vehemently denied concerns regarding the longevity of AI chips and any potential financial malfeasance. They underscored the resilience of their business model and the absence of an AI bubble. Additionally, NVIDIA circulated a memo, comprehensively debunking fraud allegations put forth by renowned short-seller Michael Burry. The memo emphasized the company's transparent financial reporting and adherence to regulatory standards.