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‘Big Short’ trader makes $1bn bet against AI boom
Yahoo Finance· 2025-11-04 10:38
Experts say Michael Burry ‘believes that there is an AI bubble which is due to pop’ - Jim Spellman/WireImage A US investor depicted in the film The Big Short has placed a significant bet against artificial intelligence (AI). Michael Burry, who bet on a US housing market crash in the run-up to the 2007 crisis, has wagered $1.1bn (£840m) on falls in shares of chip-maker Nvidia and software company Palantir. The moves will intensify concerns about a possible bubble in AI stocks, following a surge in values ...