Breaking: Michael Burry says Nvidia is lying to you

Here's what he found:

1. Nvidia claims its old chips hold their value but the numbers aren't resale prices, they're a rental estimate from a data firm

2. The estimate assumes chips earn rent for 8 years but Big Tech writes them off after about 6 years

3. Nvidia's next chip claims up to 45x cheaper running costs, making today's chips already worth less

4. Rents only went up because of a memory shortage, not because the chips are aging well

5. The chart uses a lowball price for Nvidia's newest chip. Using the actual price and "158% of cost" drops to 127%

Michael Burry is holding Sept 2027 $NVIDIA(NVDA.US) puts and still has $NVIDIA(NVDA.US) calls open as a hedge

Photos of the evidence in the replies