Michael Burry Takes On Nvidia And The AI Boom, Here’s Why People Are Loving It - NVIDIA (NASDAQ:NVDA), Palantir Technologies (NASDAQ:PLTR)
Benzinga·2025-11-23 19:36

Core Viewpoint - Michael Burry's recent bearish stance on Nvidia and criticism of AI companies has generated significant attention and may have influenced market trends [1][5]. Group 1: Market Impact - Burry's actions contributed to a stock market dip, with his warnings about a potential AI stock bubble resonating in the financial community [2][5]. - His hedge fund, Scion Asset Management, held bearish options on Nvidia and Palantir, with a combined notional value of $1.1 billion at the end of September [3]. - Nvidia's stock experienced volatility, initially rising over 5% after strong earnings but later declining by 3% and an additional 1% [3][4]. Group 2: Investor Sentiment - Burry's historical accuracy in predicting market downturns, such as the 2008 financial crisis, lends credibility to his current warnings [5]. - The market's reaction to Burry's positions reflects ongoing concerns regarding the sustainability and valuation of AI companies [6].