
Is AI on the verge of a monster short squeeze? Burry is short some of the biggest AI names. While being long stuffed toys, cork shoes and microplastic cloths (literally). But he just stated he will cover his shorts if we approach the highs. AI is still down 20% from the highs. Stocks like Micron (MU) are trading on a 6 PE with next years demand booked and chip exports (demand) up 30% to new highs in the month of September alone. Burry is 10%+ underwater on MU and many of his positions. He has 300,000 subs paying $millions a year to copy trade these bearish AI plays and long dying retail. The market isn’t ready for the face ripper of AI expanding demand and the capitulation of the 300.