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#US stocks
“The Big Short” Michael Burry is reportedly increasing his short bets on Micron $MU and Nvidia $NVDA
According to reports from foreign media, “The Big Short” Michael Burry continues to short Micron MU, Nvidia NVDA, and other semiconductor companies.
In a Substack post, Burry said he:
further added to his short position in Micron Technology (MU.O) at the $933.86 level,
and increased his short position in Nvidia (NVDA.O) at the $210.28 level.
Burry also further shorted Caterpillar (CAT.N) at $893.49,
and increased his short position in the iShares Semiconductor ETF (SOXX) at $535.83.
Comment: If the next financial storm is going to sweep the globe, then this is where the story of high-priced semiconductor stocks ends—the main force is about to push from here.