Burry Warns AI Stock Rally May End in a Sharp Reversal

TL;DR Summary
Michael Burry remains bearish on AI stocks, maintaining short positions in Nvidia and other AI-linked names and warns that a period of low volatility and renewed risk appetite could push markets to a dangerous top, potentially setting up a 1987-style reversal. He suggests watching semis (SOXX) and momentum leadership for a turn, noting that persistent earnings growth could undermine his bearish case.
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