"The Big Short" Investor Burry Voices His Opinion Once More: He's Taken a Short Position on Micron
1 day ago / Read about 0 minute
Author:小编   

On July 3 (local time), Michael Burry, the renowned investor featured in "The Big Short," declared on Thursday that he had taken a short position on Micron Technology's stock at a price of $1,051.87. He anticipates a substantial 30% correction in the stocks of AI-related chip companies. Burry emphasized that Micron, as a memory chip manufacturer, has witnessed an unprecedented surge in its stock price, reaching historically extreme levels. He pointed out that the company's valuation, along with its technical patterns and the long-term industry cycle, all suggest significant downside risks for Micron's stock price.

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