Famed Investor Michael Burry Bets Against the AI Boom

Core Insights - Michael Burry's hedge fund holds put options on 1 million Nvidia shares valued at $186.58 million and 5 million Palantir shares valued at $912.1 million [1] - Nvidia stock has increased over 1,300% in the past five years, approaching $200 [1] - Palantir shares have risen 1,700% during the same period [1]