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Michael Burry says Trump will 'pull out all the stops' for AI

Original: michael burry

Investor Michael Burry, known for predicting the 2008 housing crash, said Donald Trump will 'pull out all the stops' to support artificial intelligence development. Reports note that the 'dean of valuation' holds positions in five of the Magnificent Seven stocks while also adding to his cash holdings, a stance traders read as a hedge against AI-driven market exuberance.

Why now: Markets are watching Burry's comments for signals on AI stock valuations and his cash-heavy positioning amid an AI rally.

Michael BurryDonald TrumpMagnificent Seven

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