Just because companies are throwing chunks of money around, does not mean Nvidia is like another company that was found to commit fraud and be required to file for bankruptcy. Its a classic social media reductionist take that has gained popularity and has been misattributed to what happened at Enron, not even close.

From what I have seen it has been "Nvidia is doing some big deals with other big companies in a way that I don't understand, it must be dodgy and an Enron like scandal"

Nvidia based on its audited financial statements which are audited in accordance with the very standards set following Enron (Sarbanes Oxley) which any US accountant would be familiar with, is an extremely profitable company.

It's Sun Microsystems in 1999.

The growth is a one time surge due to AI hype, like Y2K fears which required double hardware purchases for pre-y2k testing and the internet boom. When Y2K passed, while the internet boom continued, all those test servers (and routers and other hardware) bought pre-y2k were freed up and reused, cutting growth #s and driving up P/E ratios for Sun instantly, and with Sun serving as a proxy for the internet boom, the boom was declared a bust in Q1 of 2000. Oh and low end x86+Linux competition didn't help.