American chip-equipment giant and software provider
Michael Burry has placed bearish bets against key AI-driven stocks and the SOXX semiconductor ETF, while updating bets on Nvidia, Tesla, and Caterpillar. The moves come as chipmakers and AI-related firms rally on spending and demand signals, with Burry warning the rally may be near its end.
A round-up of market commentary from CNBC and Business Insider UK shows mixed outlooks on AI, semiconductors and defense, with investors weighing short-term volatility against longer-term growth catalysts. Several executives stress caution as valuations remain volatile.