Michael Burry Says Nvidia Has Bigger Problems Than Jensen Huang
A 247wallst.com article by Rich Duprey reports that Nvidia CEO Jensen Huang resigned on the morning of 12 November 2026 amid revelations about his personal relationships, with CFO Colette Kress named interim CEO and the stock down more than 30%. It says Michael Burry warns AI companies' depreciation schedules understate chip obsolescence by as much as $176 billion through 2028, and Duprey concludes Nvidia's bigger risk is hyperscalers like Microsoft and Amazon cutting AI spending if returns disappoint.
