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Michael Burry's Bet Against AI Chip Stocks Appears Successful
Investor Michael Burry, known for 'The Big Short,' seems to have profited from his bet against AI chip stocks. This indicates a potential downturn in the AI chip market as predicted by Burry.
4 Aug, 10:34 — 4 Aug, 10:34
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Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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Business InsiderMostly Factual4d 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...
Read full article →YahooMostly Factual4d ago
It looks like 'Big Short' investor Michael Burry nailed his bet against AI chip stocks
Read full article →Coverage Timeline
First report: Yahoo · 4 Aug, 10:34|Full coverage: 2 · 0m|Window: 0m
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