American semiconductor equipment leader
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.
Akshay Sapra, 31, has made and lost well over a $1 million day trading. He spoke to us about the appeal of trading and how he plans to continue.