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Michael Burry doubles Nasdaq 100 put position and warns AI boom may be a bull trap

NewsFeeds update

Michael Burry doubled his put options on the Nasdaq 100 on 12 November as the index rebounded to about 27,000 points, and rebuilt a bearish position in the VanEck Semiconductor ETF, with expiries in early 2027. He compared the index's 6 October high to the 2000 dot-com peak and said chip and tech stocks could fall sharply by mid-2027.

MacroChainCatcherAIBearish

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