Michael Burry Doubles Down on Nvidia Short Bets

Michael Burry has increased his short position against Nvidia. His firm is also placing new bearish bets on other key players in the tech space including Applied Materials and Micron. He added Tesla to his list of short positions as well.

Beyond individual stocks, Burry is targeting the broader semiconductor sector through the SOXX exchange traded fund. This move suggests he remains skeptical about the current high valuations in the chip market despite recent growth trends.

Investors are watching these moves closely because Burry is known for his contrarian market calls. While he is betting against these specific assets, market participants continue to debate whether the artificial intelligence rally will hold or if a correction is arriving soon.