Burry Expands Short Positions in Palantir, Micron, Nebius Amid Memory Supply Concerns

Investor Michael Burry, best known for his bet against the housing market before the 2008 financial crisis, has reportedly increased short positions in several high-profile technology names, including Palantir Technologies, Micron Technology, and Nebius Group, according to a report from Yahoo Finance.

A short position is a trade that profits if a stock’s price declines. The report, which drew on Burry’s recent disclosures and public commentary, suggests he has added to bearish wagers across a cluster of companies tied to the ongoing buildout of artificial intelligence infrastructure.

The report also highlighted a signal from Taiwan-based PC maker Acer, which flagged rising memory supply — a development some market watchers interpret as a potential sign that the supply-demand balance in semiconductors and memory components may be loosening. Memory makers such as Micron have benefited from elevated pricing in recent quarters as AI data-centre demand absorbed available capacity.

Palantir, the data-analytics software company whose platforms are used by government and commercial customers, has been among the most closely watched large-cap technology stocks over the past year. The company’s shares traded at $170.50 on Monday, down a modest 0.07% from the prior close of $170.62, leaving the software-infrastructure firm with a market capitalisation of roughly $439.7 billion.

Palantir’s valuation has been a recurring topic of debate among investors, given the gap between its market value and its current revenue base. The company has pointed to accelerating commercial demand and expanding government contracts, including work with defence and intelligence customers in the United States and the United Kingdom, as drivers of its growth outlook.

Burry’s moves have drawn attention in part because his firm, Scion Asset Management, historically disclosed positions through quarterly regulatory filings, though his recent bets have been communicated through other channels. Short positions in large, widely held names can attract scrutiny, but they do not by themselves indicate anything about a company’s fundamentals or future performance.

Source: original release

What to watch

• Palantir’s next quarterly earnings report and any updates to full-year revenue guidance.
• Future regulatory filings from Scion Asset Management detailing position changes.
• Memory pricing commentary from Micron and Acer on supply conditions in upcoming earnings calls.