Breaking: Michael Burry says the AI bubble is bursting sooner than later
He has disclosed his updated positions:• Covered Micron $Micron Tech(MU.US) short• Covered Nebius $Nebius(NBIS.US) short• Covered Caterpillar $Caterpillar(CAT.US) short• Covered Semiconductor ETF $SOXX short• Covered Nvidia $NVIDIA(NVDA.US) short• Covered Oracle $Oracle(ORCL.US) short• Rolled Palantir $Palantir Tech(PLTR.US) into a bigger position• Rolled QQQ into a bigger Nasdaq $NDX position• Covered CoreWeave $Coreweave(CRWV.US) short• Opened a new short on MetLife $MetLife(MET.US)• Added to Sprouts Farmers Market $Sprouts Farmers(SFM.US)• Added to QXO $QXO(QXO.US)Burry said the move is "motivated by research this past weekend that leads me to believe the bubble in AI may burst sooner than later" per his Substack
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