Michael Burry increased his bearish position against NVIDIA. He purchased put options with a $115 strike price. These contracts expire in January 2027. Filings disclosed the move on April 13, 2026.
Burry gained fame for betting against the housing market before 2008. His current strategy includes substantial short positions against JD.com. He also revealed a new short position against Alibaba.
The expanded bet against NVIDIA suggests he anticipates headwinds for the AI industry. This move signals a broader bearish outlook on major technology and semiconductor players.