{"id":117738,"date":"2025-11-04T17:07:09","date_gmt":"2025-11-04T17:07:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/117738\/"},"modified":"2025-11-04T17:07:09","modified_gmt":"2025-11-04T17:07:09","slug":"michael-burry-warns-of-ai-bubble-targets-nvidia-and-palantir-with-massive-puts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/117738\/","title":{"rendered":"Michael Burry Warns of AI Bubble — Targets Nvidia and Palantir With Massive Puts"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Michael Burry<\/a> (Trades<\/a>, Portfolio<\/a>)’s Scion Asset Management has placed large bearish bets against the AI rally, buying put options tied to Nvidia (NASDAQ:NVDA<\/a>) and Palantir (NASDAQ:PLTR<\/a>), according to a 13F filing<\/a>.<\/p>\n

The filing shows Scion holds put exposure equivalent to about 1 million Nvidia shares and roughly 5 million Palantir shares. The move comes as Nvidia has climbed about 54% year to date and Palantir has surged more than 170%, market-beating gains that some investors say have pushed valuations high. Markets reacted: Nvidia traded down about 2% premarket and Palantir slid roughly 7% after the disclosure.<\/p>\n

Burry, famed <\/a>for his 2008 housing-market bet, flagged caution in social posts and charts. He highlighted a slowdown in cloud growth at Amazon, Alphabet and Microsoft, and warned that tech capital expenditure is approaching levels last seen in the dot-com era. On X he changed his profile to Cassandra Unchained and reposted a scene from The Big Short, underscoring his skepticism of frothy AI bets.<\/p>\n

The trades are also an indication of the creation of a high-profile hedge against AI exuberance, and the fact that some old school investors are placing bets via options, regarding a pullback, as major AI names keep rolling their steep rallies.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Michael Burry (Trades, Portfolio)’s Scion Asset Management has placed large bearish bets…\n","protected":false},"author":2,"featured_media":117739,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,83406,111,139,1042,69,7714,83407,145],"class_list":["post-117738","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-michael-burry","tag-new-zealand","tag-newzealand","tag-nvidia","tag-nz","tag-palantir","tag-scion-asset-management","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/117738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=117738"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/117738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/117739"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=117738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=117738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=117738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}