Investor Michael Burry disclosed he added "in some size" to short positions in Micron Technology, Nebius Group and Palantir Technologies, along with the iShares Semiconductor ETF, in a Tuesday Substack post, and the tape split his list rather than confirming it evenly. Palantir stock is at $188.33, up 2% in Wednesday morning trading, while Nebius stock is at $231.84, down 2%, and Micron stock is at $1,082.32, down 1%. The iShares Semiconductor ETF is down 1% and the Invesco QQQ Trust is down 0.3%. Burry's stated case is a memory-supply case: he said memory producers had run up to "ridiculous prices for what they are and will sell down intensely on the other side," citing Acer chairman and chief executive Jason Chen, who said certain advanced memory products remain scarce while older-generation memory has more sellers than buyers and pointed to expanding, lower-priced Chinese production as a challenge to expectations of sustained price increases. Burry also warned that the NASDAQ 100 Index remains heavily concentrated and said he expects money to rotate out of semiconductor stocks, though he stopped short of calling a market top. The size of the positions wasn't disclosed, and no share count or dollar value has been attached to any of them.
Micron Technology IncBurry added a short position in Micron, arguing memory producers ran up to ridiculous prices and will sell down intensely as Chinese production expands and older memory has more sellers than buyers.
Nebius Group N.V.Burry disclosed adding a short position in Nebius Group, and the stock fell 2% in Wednesday trading.
Palantir Technologies Inc.Burry added a short position in Palantir, but the stock rose 2% and the article gives no company-specific driver beyond the short disclosure.
Acer IncAcer's chairman is cited as saying advanced memory remains scarce while older memory has more sellers than buyers, but Acer itself is only a passing source, not a subject of the news.
