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NVIDIA Insists It’s Not Enron & Smucker’s Billion-Dollar Sandwich

Nov 25, 2025
Nvidia defends itself against Enron comparisons, diving into AI chip competition as Meta eyes a major deal for Google's TPUs. Smucker’s focuses on its billion-dollar Uncrustables, while Foot Locker strategizes on inventory management. Abercrombie seems to be making a comeback, raising eyebrows with strong earnings. Meanwhile, TSMC's lawsuit over alleged espionage adds intrigue to the tech sector. It’s a wild ride through market analysis and corporate drama!
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INSIGHT

GPU Depreciation Raises Accounting Questions

  • Michael Burry argued GPU useful lives are overstated, potentially making depreciation too low and assets inflated.
  • NVIDIA wrote analysts to deny accounting fraud and insist its business and reporting are economically sound.
INSIGHT

Competition Heats Up In AI Chips

  • NVIDIA defended that its strategic investments are a small share of revenue and mostly serve third-party customers.
  • Meta negotiating to buy Google's TPUs signals intensifying AI chip competition and pressured NVIDIA shares.
ANECDOTE

Smucker’s Uncrustables Became A Powerhouse

  • John and Ann discuss Smucker's long history and product segments, noting Uncrustables' surprising popularity.
  • Smucker's claims it spent over $1 billion developing Uncrustables and expects the line to top $1 billion in sales.
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