Burry Bets Big on Nvidia's Fall, AI Bubble Debate
Update: 2025-11-27
Description
Famed investor Michael Burry, known for predicting the 2008 housing crisis, has placed a billion-dollar bet against Nvidia, alleging stock-based compensation has cost shareholders $112.5 billion. Burry claims AI companies are inflating their value and customer demand is a mirage. He recently clashed with Palantir CEO Alex Karp, who dismissed Burrys strategy as batshit crazy. Nvidia responded to Burrys allegations, denying any comparison to Enron and stating his math was incorrect. Burrys track record is mixed, raising questions about his credibility and potential impact on the market.
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