Michael Burry's Grim Warning: Meta Just Crossed A Line
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Michael Burry criticized Meta Platforms, Inc. after CEO Mark Zuckerberg announced a $600 billion initiative to build AI capacity, warning it could lead to a significant decline in return on invested capital (ROIC). Burry believes this shift from an asset-light model to a capital-intensive one jeopardizes Meta's profitability. He argues that the company's focus on physical infrastructure for AI is a risky move that sacrifices its historical strengths. Following the announcement, Meta's stock fell over 2%, trading at $628.13.
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