Michael Burry's $1.1 billion bet against AI is mostly not Nvidia. It's Palantir.
In his fund's last public filing (30 Sep 2025), the puts were worth about $912 million on Palantir by one report, against about $187 million on Nvidia. A put is a bet a stock will fall. He has since shut the fund, so this is his own money now.
Palantir trades at more than 100 times its yearly profits.
Which AI stock breaks first?
In his fund's last public filing (30 Sep 2025), the puts were worth about $912 million on Palantir by one report, against about $187 million on Nvidia. A put is a bet a stock will fall. He has since shut the fund, so this is his own money now.
Palantir trades at more than 100 times its yearly profits.
Which AI stock breaks first?