Nvidia (NVDA) is set to release its fiscal Q3 2026 earnings on Nov. 19 after the close of markets. The world’s most valuable company's earnings are always an event worth watching, but even more so this time around, as the artificial intelligence (AI) rally is getting tested.
While “AI bubble” chatter has been an intermittent theme, many, including Michael Burry of “Big Short” fame, have made some serious allegations and accused the Big Tech giants of accounting fraud by understating their depreciation by extending the useful life of their computing assets, predominantly Nvidia chips. Burry, who subsequently deregistered his Scion Asset Management, disclosed a short position on Nvidia in Q3.