NVDA, AVGO’s AI Backstops Have One Analyst Worried — Michael Burry Says There’s A Reason Nvidia’s 5Y CDS Are Going ‘Parabolic’
During an interview with CNBC, Wolfe Research analyst Chris Caso expressed concern that this backstop strategy creates liabilities that leave him “less comfortable.” Caso said Nvidia’s financial strength gives it the flexibility to take on financing commitments that few companies in the semiconductor industry could match. “The Big Short” investor Michael Burry highlighted that Nvidia’s … Read more