Michael Burry, whose fund is against Nvidia and Palantir, invests in Chinese stock | TheBriefWire
Michael Burry, whose fund is against Nvidia and Palantir, invests in Chinese stock
Published 16 June 2026 ยท tech
Michael Burry, famous for predicting the 2008 housing crash, has increased his stake in Alibaba, citing its AI strategy and buyback program as undervalued. He
Michael Burry, famous for predicting the 2008 housing crash, has increased his stake in Alibaba, citing its AI strategy and buyback program as undervalued. He contrasts this with his bearish view on U.S. AI companies, warning of inflated valuations. Burry also expressed skepticism about Anthropic's nearly $1 trillion valuation, deeming its AI model business unsustainable at that price.
Published: June 16, 2026 โข 4:05 PM IST ยท Updated: June 16, 2026 โข 4:32 PM ISTBy TheBriefWire Editorial Team
Key points
Michael Burry, famous for predicting the 2008 housing crash, has increased his stake in Alibaba, citing its AI strategy and buyback program as undervalued.
He contrasts this with his bearish view on U.S. AI companies, warning of inflated valuations.
Burry also expressed skepticism about Anthropic's nearly $1 trillion valuation, deeming its AI model business unsustainable at that price.