Xin Jing Bao·2025-11-05 13:26Core Viewpoint - Michael Burry, known for his short-selling during the 2008 financial crisis, has bet over $1 billion against tech companies like Nvidia and Palantir, signaling potential concerns about the current AI market and drawing parallels to the early 2000s internet bubble [1][2]. Group 1: Investment Actions - Burry has invested approximately $1.1 billion in put options for Nvidia and Palantir, which profit from stock price declines [1]. - His short positions include $912 million against Palantir and $186 million against Nvidia, indicating a significant bearish outlook on these companies [1]. Group 2: Market Reactions - Following Burry's announcement, Palantir's stock fell by 7.94% and Nvidia's stock dropped by 3.96% on the same day [2]. - Burry's actions have reignited discussions about the sustainability of the AI boom, with some analysts comparing it to the dot-com bubble [1]. Group 3: Company Responses - Palantir's CEO, Alex Karp, expressed skepticism about Burry's short positions, stating that both companies are currently very profitable, which he finds "super weird" [2]. - Neither Burry's firm, Scion Asset Management, nor Nvidia has publicly responded to the recent developments [2].