Michael Burry has increased his short position against Nvidia and added bearish bets on Applied Materials, Micron Technology, and the semiconductor ETF SOXX, according to a report from Crypto Briefing.
The new positions
Burry's latest moves target the semiconductor sector. He has raised his short against Nvidia, the chipmaker whose stock has surged in recent years. He also shorted Applied Materials, a supplier of semiconductor manufacturing equipment, and Micron Technology, a memory chip producer. The bearish bets extend to the SOXX ETF, which tracks the broader semiconductor industry.
What the report says
Crypto Briefing published the details of Burry's positions. The report did not disclose the size of the shorts or the exact timing of the trades. It is unclear whether the moves were made through options or direct short sales.
Burry's track record gives his trades outsized attention. He famously bet against the housing market before the 2008 financial crisis. His current focus on semiconductors suggests he sees overvaluation or a downturn ahead for the sector. Nvidia, in particular, has been a high-flying stock, and a short bet against it is a contrarian move.
Investors will watch for further disclosures from Burry's fund. The next quarterly filing will reveal whether he has adjusted these positions. For now, the market is digesting the news, and semiconductor stocks may face additional scrutiny.
