🚨WATCH OUT🚨

Michael Burry, the same INVESTOR who called the 2008 crisis and the financial bubble and made bank with The Big Short, just DROPPED A WARNING about the AI bubble 🔥👀

Let me break it down for you:

NVIDIA sold $5.4 BILLION worth of their GB200 chips (over 100,000 units) to a company called VALUE.

Value is a GHOST company. An SPV created ONLY to hold those chips. No employees, no customers, no product. Just super expensive chips.

But hold up… where are those chips physically located?

Inside Elon Musk's xAI data center, running all the Grok and AI models right now.

Here comes the heavy stuff:

🔺 Neither NVIDIA nor xAI have them on their balance sheets. 🔺 They magically disappeared from NVIDIA's inventory (they've already 'sold' them). 🔺 xAI uses them but legally they aren’t theirs.

All financed with $3.5 billion in debt put up by Apollo… which they then packaged and sold to Athene, Apollo's insurance arm that sells annuities to everyday retirees.

In other words, the money from grandparents saving for retirement is funding AI chips through a company, leveraged 16 times with $103 billion in 'Level 3' assets (which no one really knows the true value of).

According to Burry, this is technically legal… but it’s the same old trick from the CDOs and subprime mortgages of 2008.

This presents a huge hidden risk, clean balance sheets, and the real danger falling on those who understand the least.

Will we see a repeat of the 2008 bubble but this time with AI? 🤔