---
title: "Michael Burry warns of market peak amid AI, crypto risks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288131580.md"
description: "Michael Burry warns of a market peak, comparing the AI-driven tech rally to the dot-com bubble and taking short positions against Nvidia. He also cautions that the SEC's proposal for blockchain-based stock trading could fragment markets and weaken investor protections. Conversely, Reflexivity’s valuation spread indicator suggests mega-cap strength may sustain the bull market despite macro concerns."
datetime: "2026-05-30T03:35:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288131580.md)
  - [en](https://longbridge.com/en/news/288131580.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288131580.md)
---

# Michael Burry warns of market peak amid AI, crypto risks

Bubble echoes: Burry compares the AI-driven tech rally to the dot-com bubble and has taken short positions, including against Nvidia. Tokenized stock fears: He warns SEC’s proposal for blockchain-based stock trading could fragment markets and weaken investor protections. Bull market signal: Reflexivity’s valuation spread indicator suggests mega-cap strength may keep the bull market intact despite macro concerns.

### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [XLK.US](https://longbridge.com/en/quote/XLK.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [NVD.US](https://longbridge.com/en/quote/NVD.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [IGV.US](https://longbridge.com/en/quote/IGV.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [Nvidia Already is the GPU Giant. Now It's Aiming to Dominate in a New $200 Billion Market.](https://longbridge.com/en/news/287978004.md)
- [AI Chip Stocks Are Driving Nearly All Of The S&P 500's Gains And Some Analysts See Echoes Of The Dot-Com Bubble](https://longbridge.com/en/news/287893152.md)
- [Micron's AI Shift Drives Trillion-Dollar Rise](https://longbridge.com/en/news/288467141.md)
- [Broadcom Stock Attracts A Billionaire Buyer As AI Momentum Accelerates](https://longbridge.com/en/news/288099647.md)
- [SK Hynix plans to double wafer capacity in next five years, group chairman says](https://longbridge.com/en/news/288379830.md)