Michael Burry Warns of AI Bubble Burst, Adjusts Portfolio Positions

Investor Michael Burry, known for 'The Big Short,' stated on his Substack that the AI bubble may be accelerating toward a collapse. According to disclosures, Burry closed short positions on several assets, including Micron ($MU), Nvidia ($NVDA), and the semiconductor ETF ($SOXX). He initiated a new short position on MetLife ($MET) and increased his long positions in Palantir ($PLTR), Nasdaq ($NDX), Sprouts Farmers Market ($SFM), and QXO ($QXO).