Part 6/12:
However, Newman counters this narrative, arguing that claims of fraudulent accounting are unfounded. He explains that firms like Nvidia follow established depreciation schedules, and the prolonged usability of hardware—often lasting longer than a few years—supports the legitimacy of their accounting practices. As long as the chips continue to generate value and be effectively utilized, the depreciation methods remain appropriate. Newman also notes that newer generations of hardware are more efficient, which complicates the depreciation prognosis but doesn't necessarily signal any malpractice.