BUSINESSAug 4 · 10:34 UTCBUSINESS INSIDERTheron Mohamed ([email protected])

It looks like 'Big Short' investor Michael Burry nailed his bet against AI chip stocks

Michael Burry, known for his 'Big Short' housing market bet, shorted the iShares Semiconductor ETF (SOXX) in June 2026, which fell 21% by July 31. He attributed the decline to overvaluation and has since reinforced his bearish position on chip stocks and related indices.

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Mentioned

Michael BurrypersoniShares Semiconductor ETForganizationVanEck Semiconductor ETForganizationLarry McDonaldpersonNvidiaorganizationAMDorganizationMicronorganizationIntelorganizationAI boomtopic

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