Michael Burry of "The Big Short" fame once again went after Nvidia over its chips' longevity, its stock dilution, and "give-and-take deals" in AI.

Here's 1 Number From Nvidia That You Shouldn't Ignore. It Says Something Momentous About the AI Giant's Growth. Nvidia has seen earnings soar in recent years thanks to the company’s dominance in the artificial intelligence chip market. The tech giant reported quarterly earnings this week, and once again surpassed analysts’ expectations.

Nvidia shares were initially up after an earnings report that included raised revenue guidance for the next quarter. But shares closed 3% lower.

Nvidia CEO Jensen Huang is urging the U.S. and China to improve trade relations, arguing that access to the Chinese market is essential for American competitiveness in artificial intelligence (AI).

Nvidia delivered a big beat, posted strong networking growth and indicated a lot of visibility into future business trends.

Prosecutors have accused Brian Raymond, founder of AI infrastructure and consulting company Bitworks, and three others of selling coveted Nvidia chips to unspecified Chinese companies.

Steady payroll growth combined with rising unemployment offers a rare and confusing combination that, as it happens, investors could not take in stride. Strong hiring makes the Fed less eager to ease, but softer employment data could potentially tighten financial conditions all on its own.

Nvidia clearly delivered a strong quarter, with revenue of $57 billion (up 62% from one year ago) and earnings per share of $1.30 (up 67% YoY), surpassing analysts' expectations and predictions for about $55 billion and $1.26, respectively.