Michael Burry Warns AI Boom Is Repeat Of 2000's Dot-Com Bust After Revealing $1 Billion Bearish Bet On PLTR, NVDA - Palantir Technologies (NASDAQ:PLTR)
Benzinga·2025-11-04 06:20Famed investor Michael Burry, known for his “Big Short” bet against the 2008 housing market, has issued a stark warning that the current AI boom is a speculative bubble mirroring the 2000 dot-com bust.Michael Burry Compares Telecom Bust With AI BoomThe warning came via a series of social media posts just after his firm, Scion Asset Management, revealed over $1 billion in bearish put options against AI-centric stocks Nvidia Corp. (NASDAQ:NVDA) and Palantir Technologies Inc. (NASDAQ:PLTR).In a cryptic post on ...