Tag: Chanos

Short-seller Jim Chanos warns Nvidia’s epic growth is cannibalizing Big Tech — as the chip titan’s value surges by $1 trillion in 4 months

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 […]