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- 1Michael Burry Warns on AI Chip Race as SOXX Sinks●SOXX Posts Worst Quarter In Over A Year — Michael Burry Cites An 1880 Story To Flag AI’s ‘Power-Hungry’ Chip Race
The iShares Semiconductor ETF (SOXX) has posted its worst quarter in more than a year, adding to pressure on chip stocks that powered much of the AI rally. Investor Michael Burry, known for his bearish calls, has publicly referenced an 1880 story to argue that today's AI-driven chip boom echoes past speculative manias, warning that the race for more powerful, power-hungry semiconductors could end badly.
- 2AMD and Intel Lead Chip Stocks Toward Best Month Since June●Chip Stocks Roar Back: AMD, Intel Power SOXX Toward Best Month Since June
Semiconductor stocks are staging a strong rebound, with AMD and Intel driving the SOXX chip ETF toward its best monthly performance since June. The rally suggests renewed investor confidence in the sector after recent weakness, with traders watching whether the momentum in major chipmakers can carry into the new month.