The most valuable and the largest company in the globe, Nvidia, is vindicating its enormous $4.5 trillion valuation following an attack by investors such as Michael Burry. The company has mailed out a comprehensive memo to Wall Street analysts, refuting the statements of Burry and other authors that Nvidia is overvalued. Burry is famous for predicting the housing crash of 2008 and lately is adjusting his criticism towards Nvidia in his new newsletter, which is getting a lot of attention from the investors.
Nvidia Rebuts Critics in Memo to Analysts Amid Pushback Campaign
