Michael Burry Bets Against Nvidia, Says'I Do Not See How That Math Works' Amid AI Chip Boom Fears

Investor Michael Burry, famed for predicting the 2008 housing crash, is now betting against Nvidia Corp. (NASDAQ:NVDA), warning that the AI-driven chip boom is vulnerable to a sharp reversal. Burry Calls Nvidia ‘Purest Play’ On AI In a Substack post over the weekend, Burry said he is shorting Nvidia because the chipmaker is "simply the purest play" on artificial intelligence and is dangerously reliant on hyperscaler spending. "I do not see how that math works," he wrote, adding that Nvidia could sell abo ...