Michael Burry, the investor who gained fame for his role in “The Big Short,” has recently accused major technology companies of using aggressive accounting tactics to artificially boost their earnings amidst the AI boom. The fresh accusations come shortly after Burry went public with claims of an “AI bubble.”
CNBC reports that in a recent post on X, Michael Burry, the investor made famous by The Big Short , alleged that “hyperscalers” — the major cloud and AI infrastructure providers — are understating their depreciation expenses by estimating that chips will have a longer lifespan than is realistic. Burry argues that this practice…
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