Michael Burry: Increasing short positions on Nvidia, calling $50 billion deal a Wall Street trick
2026-08-14 00:27:51
According to CoinMeta, renowned investor Michael Burry ( Michael Burry ) increased his short positions in the company after announcing a $50 billion chip deal with Nvidia. He referred to this deal as a "Wall Street trick" and noted similarities to the Enron ( Enron ) scandal. Burry pointed out that recent major investments in the field of artificial intelligence have caused concern among market experts, who fear that similar catastrophic consequences to Enron could occur. On social media, he stated that the high valuation of Nvidia is closely related to its complex financing structure and may have an impact on the overall economy.
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Source:Internet
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