📢 Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake. ⚠️ He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing. 💻 Nvidia, the world's largest AI chip company, sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor. 🏢 Valor is not a real operating business. It is a special purpose vehicle (SPV), a shell company created specifically to hold these chips and nothing else. Nvidia also invested $1.9 billion of its own money directly into Valor on top of the sale. 🖥️ Those 100,000+ chips are now physically inside xAI's data center. xAI is Elon Musk's artificial intelligence company, the one that builds Grok 🤖. xAI is using every single one of those chips right now to run its AI models. 🔍 But here is what Burry is flagging. 📄 Neither Nvidia nor xAI owns those chips on paper. Valor, the ...