Michael Burry Is Betting Against These 4 AI Stocks. Is He Right?
Michael Burry became a popular voice in the investing community after he correctly predicted the 2008 mortgage crisis, shorted the market, and made a fortune. Although he closed his management fund last year, he continues to invest and share his market views in prominent social media posts.
Michael Burry, Scion Asset Management founder. Image source: Getty Images.
Burry has recently been critical of the artificial intelligence (AI) build-out, and putting his money where his mouth is, he’s betting against Nvidia (NASDAQ: NVDA), Palantir Technologies (NASDAQ: PLTR), Tesla (NASDAQ: TSLA), and Micron Technology (NASDAQ: MU). Is he right?
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.