Burry's Nvidia Bet: Market Slump & Stock Drop
Update: 2025-11-22
Description
Michael Burry, the investor known for predicting the 2008 housing market crash, has once again made waves by betting against Nvidia and other AI companies. His recent comments and actions may have influenced the stock markets significant drop on Thursday. Burry, who uses the handle Cassandra on X, has a history of contrarian investment strategies and has previously disclosed bearish put options on Nvidia and Palantir. Following Nvidias third-quarter earnings report, Burry questioned the companys long-term viability and business deals, leading to a three percent decline in Nvidia shares and contributing to a broader market slump. Despite initial ridicule, some market watchers now support Burrys skepticism, as his previous bet against Palantir proved timely.
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