Michael Bury: Nvidia faces fierce competition from Etched

According to Sina Finance, Michael Bury stated that AI chip company Etched is a serious competitor to Nvidia, with Etched chips improving performance by 10 times and having lower costs. About 15% of Etched's employees come from Nvidia, and on August 18th, it completed a $700 million financing with a valuation of $21 billion. Its chips were put into operation in just 44 days.