Michael Burry, the "Big Short" investor, disclosed new short bets against AI and semiconductor sectors, saying he has shorted Tesla at about $416.22 and holds short positions in NVIDIA (NVDA.O), Caterpillar, Applied Materials and a semiconductor ETF. He said the trades form part of an overall hedge against overheating valuations in AI and semiconductors, but did not disclose position sizes and said he entered the Tesla short after a rebound. Related technology stocks largely traded higher intrad

Michael Burry, the "Big Short" investor, disclosed new short bets against AI and semiconductor sectors, saying he has shorted Tesla at about $416.22 and holds short positions in NVIDIA (NVDA.O), Caterpillar, Applied Materials and a semiconductor ETF. He said the trades form part of an overall hedge against overheating valuations in AI and semiconductors, but did not disclose position sizes and said he entered the Tesla short after a rebound. Related technology stocks largely traded higher intraday.