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Depreciation Accounting

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Michael Burry Warns of AI Bubble and Overvaluation in Tech Stocks

Originally Published 2 months ago — by CNBC

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Source: CNBC

Michael Burry accuses major tech companies and hyperscalers of artificially inflating earnings by underestimating depreciation expenses related to AI infrastructure, potentially overstating profits significantly from 2026 to 2028, amid ongoing concerns about accounting practices in the tech industry.