Aug. 26 at 3:22 AM
$NVDA Guidance numbers won't mean much if Jensen doesn't squash the circular financing drama. Bears claim Nvidia is artificially inflating revenue by funding neoclouds like
$CRWV,
$NBIS,
$IREN,
$APLD to buy its chips, so Jensen needs to prove that balance sheet support is simply helping startup infrastructure keep up with real demand.
Showing that cash-rich hyperscalers still drive the vast majority of sales, and that these startup GPU deployments are legitimately generating revenue, kills the bear thesis on the spot.
For the record, we think they blow away guidance and put these circular financing concerns to rest once and for all. 🎯
