Michael Burry shorted Micron stock due to overvaluation and sold Broadcom holdings during portfolio rotation.

The entities involved

• Micron Technology →

  American multinational corporation based in Boise, Idaho

  • Hyperscalers are driving high capital expenditure demand, alongside discussions regarding potential tighter AI regulations.Sat 01:09
  • Pricing pressure from memory shortages is causing revenue and pricing issues for both Micron Technology and Qualcomm.Sat 00:51
• Broadcom →

  American semiconductor manufacturer

  • Stock market saw a plunge and AI exposure trimming following tariff announcements and midterm election results.Fri 17:12
  • Nvidia, Broadcom, and AMD stock trades on Nasdaq while facing competition and struggling against Nvidia's ecosystem dominance.Fri 16:44
• Michael Burry →

  American hedge fund manager

  • Burry raises questions about the global AI crash as Norges Bank acts on behalf of the pension fund amid AI IPO discussions involving Amazon and Google.Fri 18:31
  • Michael Burry mentioned Mercado pago in his trading post while also trading puts on the SMH ETF amid Nvidia's market impact.Fri 17:18

Related events

• AI trade is driving up profit outlook for tech companies, involving Micron Technology and Lumentum Holdings Inc.Sep 23
• Micron Technology's stock is currently traded on the Nasdaq exchange.Jun 14
• Micron Technology stock traded on Nasdaq while Tim Cook cited rising memory-chip costs.Jun 18
• Sumitomo Mitsui Trust Holdings, Inc. decreased its position in Micron Technology shares on November 1, 2026.Nov 1
• Broadcom shares rebounded alongside AI stocks, while Amazon led Dow gains amid market analysts referencing Black Monday crash risks.Oct 20