Burry labels AI chip startup Etched as 'serious competition' for Nvidia

1. 1Michael Burry has identified AI chip startup Etched as 'serious competition' for Nvidia (NVDA)
2. 2Etched has raised a total of roughly $2 billion, achieving a $21 billion valuation through a $700 million funding round led by Jane Street
3. 3Burry highlighted WSJ reports that Etched achieved inference operation within 44 days of receiving test chips and recruited talent from Nvidia

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