“Big Short” investor Michael Burry is doubling down on his bet against the AI infrastructure boom, adding to short positions in Oracle Corp. (NYSE:ORCL), Micron Technology Inc. (NASDAQ:MU) and Nebius Group (NASDAQ:NBIS) as he predicts an AI compute glut in 2028.
He disclosed on Substack that he added to Nebius around $247, Micron around $924 and Oracle around $152, and boosted March 2027 puts on the iShares Semiconductor ETF (NASDAQ:SOXX).