Investor Michael Burry, known for his bet against the U.S. housing market that generated 700 million USD for his fund's investors during 2007 and 2008, is again betting against AI stocks. He has moved up his timeline for a possible AI bubble burst and shifted short positions in Micron and Nebius Group into put options. Wall Street remains bullish, with a majority of buy ratings on Nvidia and Micron, which are expected to gain 56% and 78% over the next 12 months, while the S&P 500 is up nearly 100% since the start of 2023. Burry cited an Ares Management report saying AI momentum depends on AI spending staying strong, while tech giants plan to spend more than 700 billion USD on AI infrastructure this year. The article says a market pullback is possible, but the long-term AI outlook remains bright.
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Michael Burryartificial intelligenceMicronoptions
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 215.98 |
| Change that session | +2.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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