Is Michael Burry Shutting His Fund Just Before He’s About to Be Proved Right?

Photo by Astrid Stawiarz/Getty Images Quick Read Michael Burry’s Scion Asset Management targeted AI valuations detached from fundamentals by taking massive put options on Nvidia (NVDA) and Palantir Technologies (PLTR). However, Burry just closed his hedge fund and returned capital after his valuation views diverged from markets for an extended period. Power constraints and data center construction delays threaten AI infrastructure buildouts as CoreWeave cut full-year guidance on partner setbacks. ...