Palantir Gains 2%, Nebius Pulls Back, Micron Barely Budges as Michael Burry Adds to Shorts in All Three
Burry said memory-chip prices are too high and warned that expanding Chinese supply could trigger a down cycle in the sector.
9 Articles
9 Articles
Michael Burry Doubles Down On Short Positions In Micron (NASDAQ: MU) And Palantir (NASDAQ: PLTR), Betting On AI Chip Price Collapse
Michael Burry, the investor made famous by his prescient bet against the housing market before the 2008 financial crisis, has expanded his bearish positions against Micron Technology (NASDAQ: MU) and Palantir Technologies (NASDAQ: PLTR). The move signals that Burry believes the artificial intelligence chip market is heading into what he describes as a “down cycle,” […]
Palantir Gains 2%, Nebius Pulls Back, Micron Barely Budges as Michael Burry Adds to Shorts in All Three
Shares of Palantir Technologies (NASDAQ:PLTR) are trading higher in Wednesday morning action even after investor Michael Burry disclosed adding to a short position against the company, along with new shorts in Nebius Group (NASDAQ:NBIS) and Micron Technology (NASDAQ:MU). The tape has split Burry’s list rather than confirming it evenly. The broader chip complex is softer. […]
The Big Short Just Shorted a Grade-"A" Stock
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week, Michael Burry said he added to his Micron short "in some size." But is there a better way to decide what to do with a stock like Micron than betting on one man's conviction, and then waiting – sometimes for years – to find out if he was right? There is.
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- 40% of the sources lean Left, 40% of the sources lean Right
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