Business Insider
Business Insider
US · 1 hrs ago

It looks like 'Big Short' investor Michael Burry nailed his bet against AI chip stocks

Michael Burry from "The Big Short" took aim at chip stocks in July. Bloomberg/Getty Images Michael Burry likely won big with his bets against microchip stocks last month. The "Big Short" investor said he bet against the iShares Semiconductor ETF, which fell 21% in July. Burry, a vocal skeptic of the AI boom, has been placing wagers against chip stocks for months. Michael Burry looks to be in the chips after a timely bet against semiconductor stocks. The investor of "The Big Short" fame said…
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