jim chanos
Jim Chanos.
  • Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said.
  • Nvidia is raking in profits while its customers are racking up bills, they said.
  • Microsoft and Meta are among the largest buyers of Nvidia's microchips.

Nvidia is cannibalizing the growth of other "Magnificent Seven" companies, according to two veteran investors.