The moves occur as Burry reiterates his warning that the artificial intelligence bubble may burst sooner than he previously expected. While he has exited short plays on firms such as Nvidia, Micron, CoreWeave, and Caterpillar, he indicated that he will monitor the market and may cover other shorts if prices reach new highs.
Tuesday, October 20, 2026
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Michael Burry Covers Short Positions on Nvidia and Micron to Use Puts
US Markets22 days ago
The investment manager has closed out bearish bets on seven different assets, including Palantir, Nebius, and the SOXX semiconductor ETF, to adjust his market exposure. Burry shifted many of these recently closed short positions into put options and identified tax loss harvesting as a driving factor for the portfolio changes.
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