Michael Burry Buys Put Options on Nvidia, Micron, and Palantir as "The Big Short" Investor Predicts a 1987-Style Market Crash

Key Points Michael Burry thinks AI stocks are overvalued and at risk of fueling a widespread market crash. While some of Burry's arguments are valid, he has a clear incentive to publish his trades. Investors should do their own diligence instead of blindly following someone else's playbook. 10 stocks we like better than Micron Technology › Michael Burry is back in the headlines as he challenges the bull narrative around artificial intelligence (AI) stocks. Recently, the famous investor covered his short positions in Nvidia (NASDAQ: NVDA) , Micron Technology (NASDAQ: MU) , and Palantir Technologies (NASDAQ: PLTR) and bought put options in each of these stocks. If you only know of Burry from The Big Short , that makes sense.