Does "The Big Short's" Michael Burry Know Something Wall Street Doesn't? He Just Placed Bets Against AI and Sees the "Beginning of the End."

Contrarian investor Michael Burry, famous for predicting the 2008 financial crisis, has placed significant bearish bets against AI stocks and semiconductor companies. He recently shorted Applied Materials, Tesla, Caterpillar, Micron Technology, and the iShares Semiconductor ETF, signaling concerns that massive AI investments may not match long-term revenue opportunities. Burry views Samsung and SK Hynix's $500 billion chip hub investment as 'the beginning of the end' for the AI boom.