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Mohit Oberoi

As Nvidia Stock Soars Following Q3 Beat, Will Michael Burry Bite the Dust?

Nvidia Michael Burry United States Jensen Huang AI Colette Kress Anthropic

Nvidia (NVDA) released its fiscal Q3 2026 earnings yesterday, Nov. 19, after the markets closed. The company beat earnings hands down, not that the market expected anything else from the Jensen Huang-led company. 

Nvidia’s earnings came at a time when the rally in artificial intelligence (AI) stocks was getting tested. Michael Burry of “The Big Short” fame has become a flag bearer of sorts for the “AI bubble” narrative. During Nvidia’s Q3 earnings call, Huang began his commentary by addressing apprehensions over the feared AI bubble by saying, “From our vantage point, we see something very different.” So, has Burry—who correctly predicted the 2008 U.S. housing crisis—gotten it wrong this time around? Let’s explore.

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