5/11/2025, 11:37:03 am

Michael Burry bets against Nvidia and Palantir

Michael Burry's Scion Asset Management disclosed bearish positions on Nvidia and Palantir through put options, leading to a 4% Nvidia share drop and 8% Palantir drop despite Palantir beating earnings estimates. This is not Burry's first time betting against Nvidia, which he previously shorted in January-March, and follows his warning of a bubble in the AI space.