Last weekend, Nvidia sent a seven-page memorandum to Wall Street analysts. In it, the company firmly denied allegations of engaging in fraudulent accounting practices and refuted claims that there was an investment bubble in the artificial intelligence sector. The controversy arose following public accusations from Michael Burry, known for his role in The Big Short, along with a widely shared article on social media. This article alleged that Nvidia might be implicated in "the largest accounting fraud in the history of the tech industry."
