✉news TechnologySemiconductors first seen 14 h ago, last 12 h ago, peak #36
Michael Burry Warns on AI Chip Race as SOXX Sinks
Original: 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.
Why now: A rare bearish warning from a high-profile investor coincides with the chip sector's worst quarter in over a year.
SOXXMichael BurryiShares Semiconductor ETFsemiconductor industry
Evidence
- SOXX Posts Worst Quarter In Over A Year — Michael Burry Cites An 1880 Story To Flag AI’s ‘Power-Hungry’ Chip Race · TradingView
API: https://socialmediatrends-api.osmike.com/v1/trends/586026