Michael Burry Shorts Micron, Adding to His NVIDIA and Applied Materials Short Bets Against Chip Stocks

Michael Burry (Scion Asset Management) disclosed a new short position in Micron Technology (MU) in a July 2 Substack post. The headline is a negative signal for the stock given the explicit short exposure, but no additional fundamentals, target levels, or size of the position were provided to assess magnitude.

Analysis

Michael Burry (Scion Asset Management) disclosed a new short position in Micron Technology (MU) in a July 2 Substack post. The headline is a negative signal for the stock given the explicit short exposure, but no additional fundamentals, target levels, or size of the position were provided to assess magnitude.