Michael Burry Increases Short Positions on Tech and AI Stocks
Key Facts
Reflecting a cautious stance on high tech valuations, investor Michael Burry has increased his short positions in Micron, Palantir, and Nebius. According to reports, Burry's moves also included expanding bearish bets against the SOXX semiconductor ETF, signaling a strategic rotation toward defensive sectors such as consumer and retail.
These adjustments come amid notable volatility in tech equities, with Micron (MU) closing at $1082.275 on September 22, 2026, while Palantir (PLTR) finished at $184.3518 on the same date. Per market data, Nebius (NBIS) stood at $232.8 at the close of September 21, 2026, placing these firms under scrutiny by retail traders who view Burry's positioning as a potential signal for a price correction in the AI sector.
Traders should watch key support levels as MU recently tested a daily low of $1030.015 and PLTR hit $182.03 (as of September 22, 2026 close). Looking at broader context, recent economic data showed US Retail Sales grew by 1.4% on September 16, potentially validating Burry's pivot toward consumer-linked sectors over semiconductor risks.