Michael Burry has expanded his AI-related short positions, with newly disclosed targets including Tesla, Caterpillar, Applied Materials, and an ETF that tracks chip manufacturers.
According to Odaily, Burry has maintained a bearish view on AI-linked stocks for months, saying that once the AI boom cools, related asset prices could face a correction.
In a recent Substack post, Burry wrote that South Korea’s announcement of a large-scale chip investment plan helped push chip stocks higher. He described the move as “the beginning of the end” and questioned whether continued capital spending tied to AI industry expansion can ultimately translate into corresponding returns.
AI TRENDS | Michael Burry Expands AI-Related Short Positions, Including Tesla and Chip ETF
2026-07-02 04:53:47
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