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'The Big Short' Michael Burry bets $1 billion on Nvidia and Palantir's collapse: Is the AI boom heading for a crash?

6 months ago

Michael Burry, famous for predicting the 2008 financial crisis, is now betting $1.1 billion against AI giants Nvidia and Palantir, warning that the sector is in a bubble. Drawing comparisons to the dot-com and 2008 crashes, Burry’s contrarian stance and cryptic social media posts suggest AI valuations are dangerously overinflated and ripe for a sharp market correction.
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