Michael Burry Bets Against AI Rally With Put Options on Nvidia, Micron, and Palantir
Michael Burry, known for predicting the 2008 subprime crash, has bought put options on Nvidia, Micron, and Palantir, warning of a 1987-style market crash driven by AI overvaluation.
Key points
- Burry buys puts on NVDA, MU, PLTR predicting 1987-style AI stock crash
- Single-source bearish signal from investor who called 2008 subprime collapse
- Watch Nvidia earnings and Fed rate path for catalysts that validate thesis
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๐บ๐ธ United States Stocks Breaking ai-tech semiconductors options bear-market