Michael Burry increased short positions against Micron Technology, whose CEO is Jason Chen, amid market reassessments.

The entities involved

• Micron Technology →

  American multinational corporation based in Boise, Idaho

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Michael Burry →

  American hedge fund manager

  • Minerva hired Michael Burry as a senior adviser.Mon 17:29
  • Michael Burry analyzes the spending and liabilities of major tech companies including Oracle, Microsoft, Meta, and Google.Mon 15:19

Related events

• Burry uses Substack to detail his investment views, including shorting Nvidia and Tesla, and increasing his stake in Alibaba Group.Jul 3
• Michael Burry is vocal about his short positions in Palantir and Nvidia, while Micron benefits from HBM demand and Amazon invests in AI infrastructure.Fri 13:15
• Michael Burry opened a short position on Oracle stock.Sep 21
• Michael Burry takes a bearish stance on Alibaba stock while increasing his investment in AI infrastructure.Aug 26
• Michael Burry has initiated bearish bets against several tech companies, including Tesla, Applied Materials, and Nvidia, and shorted Micron stock.Jul 3