Michael Burry Places $10 Million Short Bets Against Nvidia and Palantir Amid AI Bubble Warning

Michael Burry, known for forecasting the 2008 housing market crash, has taken about $10 million in put option positions against Nvidia and Palantir. His trades, disclosed on November 3, could be worth over $1 billion if Nvidia falls roughly 37% to $110 and Palantir drops to $50 by 2027 from around $200, reflecting his view that AI stocks are in a bubble similar to the dot‑com era.