Michael Burry Adds to Shorts in Palantir, Nebius, and Micron Despite Mixed Stock Reactions
Investor Michael Burry has increased his short positions against Palantir Technologies (NASDAQ:PLTR), Nebius Group (NASDAQ:NBIS), and Micron Technology (NASDAQ:MU). While Palantir shares rose by 2%, Nebius fell 2% and Micron dropped slightly. The broader semiconductor sector also weakened, with the iShares Semiconductor ETF (SOXX) down 1% and Invesco QQQ Trust (QQQ) falling 0.3%. Burry cited concerns over memory supply dynamics, noting that expanding Chinese production could undercut price expectations for older-generation memory products. Burry warned of a potential rotation out of semiconductor stocks due to the current concentration in AI-related names within the NASDAQ 100 Index. He described memory producers as being
Tickers: $MU $NBIS $PLTR $QQQ $SOXX
Topics: Michael Burry semiconductors short selling stock movement