Nvidia insists it isn’t Enron, but its AI deals are testing investor faith
The chipmaker’s sprawling partnerships are driving extraordinary growth but also bank its future on the AI boom paying off quickly
Nvidia is, in crucial ways, nothing like Enron – the Houston energy giant that imploded through multibillion-dollar accounting fraud in 2001. Nor is it similar to companies such as Lucent or Worldcom that folded during the dotcom bubble.
But the fact that it needs to reiterate this to its investors is less than ideal.
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