"Big Short" Burry Increases Shorts on Micron, Nebius, and Semiconductor ETFs, Citing Memory Supply Surge Leading to Price Decline
Burry has significantly increased his short positions on Micron Technology, AI infrastructure company Nebius, the iShares Semiconductor ETF, and Palantir, describing the move as "quite large." He believes Acer CEO Jason Chen's warning about accumulating memory inventory and new supply hitting the market aligns with his own assessment that "a surge in memory supply will put downward pressure on prices," with price pressure expected to emerge around late 2027.
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