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Nov 12, 2025 12:00 PM

Is Michael Burry Going To Be Wrong Again?

The Big Short legend is betting against the AI boom, but markets aren't exactly siding with him yet.

Burry's Latest Short Call: Hyperscalers Under Fire

Michael Burry, best known for calling the 2008 crash, is now targeting mega-cap AI names like Meta, Oracle, Microsoft, Amazon, and Google, arguing they're understating depreciation on rapidly aging compute infrastructure. He estimates earnings could be overstated by as much as $176B from 2026-2028, with Oracle and Meta among the biggest offenders. He is expressing his short positions by owning put options on Nvidia (NASDAQ:NVDA) and Palantir Technologies(NASDAQ:PLTR).

Growth Sells Off, Value and Mega ...