Michael Burry has doubled down on his concerns of an AI bubble, drawing similarities between Cisco during the late-‘90s dotcom crash and one key tech company today.
In his first Substack post, “The Cardinal Sign of a Bubble: Supply-Side Gluttony,” published on Sunday, Burry, made famous for his prescience on the 2008 housing market collapse as portrayed in the 2015 film The Big Short, called the AI boom a “glorious folly,” singling out Nvidia as a harbinger for when he expects the industry’s bubble to burst.
