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News 2026-07-29 06:21 UTC

Michael Burry Warns Nvidia's 'Overreaching' Is Pushing Circular Spending to 'Biblical Proportions' Amid Surge in Credit Default Swaps

‘Big Short’ investor Michael Burry is sounding the alarm on Nvidia Corp. (NASDAQ: NVDA ), claiming the AI giant’s strategic financial “overreaching” has escalated its “circular spending” to “biblical proportions,” which he argues is driving a massive spike in the company’s credit default swap risks. Default Swaps ‘Goin