{
  "id": 1488460,
  "title": "ChatGPT Disagrees With Michael Burry Over Nebius (NBIS)",
  "url": "https://urgent.news/2026/08/17/chatgpt-disagrees-with-michael-burry-over-nebius-nbis",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-17T13:15:06.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/chatgpt-disagrees-michael-burry-over-131506607.html"
  },
  "original_language": "en",
  "account": "Michael Burry remains skeptical about Nebius (NBIS), despite its impressive stock performance. The AI infrastructure specialist has seen its shares surge nearly 210% year to date and 280% over the past year, outpacing the S&P 500. ChatGPT even included NBIS among its top 10 stock picks, which led to a 141.6% gain since its investment.\n\nNebius specializes in building and operating data centers filled with high-end GPUs, renting out computing power to companies for AI model development. The company reported a remarkable 454% year-over-year revenue growth and turned positive Adjusted EBITDA of $236.2 million in Q1. Its segment margin hit an impressive 50%, and cash from operations became positive, marking a turnaround from previous losses.\n\nBurry's concerns stem from Nebius' compute contract pricing. Initially, the company projected 1 GW of capacity for the year, with an ARR of $9 billion. However, in Q2, Nebius inked deals worth more than $20 million per MW, more than double the earlier estimate. Bulls anticipate further price increases, with new short-term and auction-based deals already reaching $40-50 million per MW.\n\nThe stock's valuation appears high, trading at 53 times trailing sales and 20.5 times forward sales, far exceeding the sector median of 3.7 and 3.4 times, respectively. Its P/E ratio stands at an astonishing 1,690, and short interest is significant at around 25%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}