By
Theron Mohamed
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Michael Burry from "The Big Short" took aim at chip stocks in July.
'Big Short' investor Michael Burry nailed his bet against AI chip stocks
Michael Burry of "The Big Short" fame said he bet against the iShares Semiconductor ETF, which tumbled 21% in July.
TL;DRAI
Burry shorted chip ETF SOXX at $643; fell 21% to $505 in a month as he doubled down citing extreme overvaluation (P/S >16). The bet signals AI infrastructure bubble—hyperscalers overspending on chips risking obsolescence, threatening capex ROI narratives.
987 words~4 min read
