"The Big Short" Michael Burry Increases Short Positions on AI Stocks such as NVIDIA, Palantir

BlockBeats News, May 10th, "The Big Short" Michael Burry stated in his recent blog post that he has increased his short position in AI-related stocks such as Nvidia and Palantir. Regarding Palantir, he believes the company is worth at most $46-50 per share and he has raised concerns about its business model.

Michael Burry also holds a significant amount of put options against NVDA, SOXX, QQQ, and ORCL expiring in 2027, totaling approximately 9.5% of his investment portfolio in short positions.

It is worth noting that Michael Burry has been holding a large number of AI short positions since Q3 of last year. He has a history of incurring losses due to acting prematurely (such as being squeezed before the 2008 crisis).