Nvidia says it’s not Enron. Michael Burry . “I am not claiming Nvidia is Enron. It is clearly Cisco.”

Cisco was not an accounting fraud, but it was briefly the world’s most valuable company during the dot-com bubble, a crown Nvidia wears today. 

Now Cisco, which like Nvidia provided the backbone of a new technology, still exists but as the 28th largest company in the S&P 500.

Steve Goldstein MarketWatch Nov. 25, 2025

https://www.marketwatch.com/story/nvidia-says-its-not-enron-michael-burry-makes-a-different-dot-com-parallel-65df9e9b

Michael Burry blev rik och sedan världsberömd i filmen The Big Short

https://englundmacro.blogspot.com/2025/11/michael-burry-blev-rik-och-sedan.html


Chipen som alla snart pratar om: TPU – Tensor Processing Unit

Det är en ASIC – en applikationsspecifik integrerad krets – utvecklad av Google för användning i så kallade neurala nätverk, AI-modeller.

Du behöver inte ha Nvidias senaste Blackwell-chip för det”, berättar Herman Ohlsson.

Vid träning av en AI-modell kan det krävas tusentals GPU:er, grafikprocessorer, det slags chip som Blackwell är. Dessutom krävs avancerad nätverksutrustning som kopplar ihop alla processorerna till en ”superdator” som tränas på jättestora datamängder.

Därmed finns en grogrund för att utmana Nvidias dominerande ställning inom AI-chip. 

25 november 2025, 14:38

https://www.di.se/nyheter/nygamla-chipet-hotar-nvidias-ai-dominans/


Nvidia Shares Drop on Report of Google Challenge

https://englundmacro.blogspot.com/2025/11/nvidia-shares-drop-on-report-of-google.html


The biggest risk for tech right now, says the Goldman team, is competition, noting how the AI space has thus far been dominated by a few incumbents.  

https://englundmacro.blogspot.com/2025/10/goldman-one-thing-could-turn-ai-into.html



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