Jim Chanos.Reuters Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said. Nvidia is raking in profits while its customers are racking up bills, they said. Microsoft and Meta are among the largest buyers of Nvidia’s microchips. Nvidia is cannibalizing the growth of other “Magnificent Seven” companies, according […]
Tag: Chanos
Short seller Jim Chanos calls out Elon Musk for ‘outrageous’ Tesla power grab
Jim Chanos and Elon Musk.Reuters and Getty Images Elon Musk wants more control of Tesla and says his equity stake isn’t a sufficient motivator. Jim Chanos called out Musk for threatening Tesla’s progress unless his voting rights are doubled. The short seller mocked Musk for comparing his personal stake to Fidelity and other funds’ holdings. […]