NVIDIA News Today, Nov 14: Michael Burry’s Play Against AI Stocks

Michael Burry, known for predicting the 2008 financial crisis, is turning his attention to AI stocks like NVIDIA (NVDA). His investment firm, Scion Asset Management, recently deregistered with the SEC, suggesting a strategic change. With NVIDIA’s stock currently priced at $193.8, Burry’s focus raises questions about an AI stock bubble. This move reflects ongoing concerns about AI valuations spiraling beyond sustainable levels.