Nvidia's Financing Practices Under Scrutiny
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays
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Nvidia, the AI chip giant, refutes claims of vendor financing, a practice that can inflate sales. The company, known for investing in customers like OpenAI and Elon Musks xAI, denies relying on such methods to boost revenue. However, short sellers Jim Chanos and Michael Burry raise concerns about Nvidias revenue recognition and the potential oversupply in the AI market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
