The AI Bubble Burst: Michael Burry's Warning for Australian Superannuation Funds
Update: 2025-11-12
Description
Renowned investor Michael Burry has made a $1.5 billion bet against AI giants NVIDIA and Palantir, cautioning against a potential tech bubble. With Australia's superannuation system heavily invested in U.S. equities, a new investment agreement could further expose funds to risky U.S. tech investments, endangering Australian retirement savings. Burry's alert highlights the need for investors to reassess their reliance on offshore investments amid escalating U.S.-China tensions in the tech sector.
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