Nvidia Stock Falls. ‘Big Short' Investor Michael Burry Is Betting Against AI—Again.

Core Insights - Scion Asset Management, led by Michael Burry, purchased put options on Nvidia stock with a notional value of $187 million, as disclosed in a regulatory filing for the quarter ending September 30 [1] Company Summary - The investment in Nvidia through put options indicates a bearish outlook on the stock, suggesting that Scion Asset Management anticipates a decline in Nvidia's share price [1]