Michael Burry Discloses New Shorts on Tesla, Nvidia, Caterpillar, and Semiconductors

Michael Burry disclosed a fresh basket of short positions on June 30 targeting Tesla, Nvidia, Caterpillar, Applied Materials and the semiconductor sector. In a Substack post titled “Trading Post June 30, 2026,” according to BeInCrypto, Burry framed the trades as a single bet against an overheated AI cycle, calling the semiconductor index “a pure form of overvaluation” and rolling SOXX puts out to March 2027. Days later, the Philadelphia Semiconductor Index fell more than 6% on July 2, while Tesla dropped 7.5% despite reporting Q2 deliveries of 480,126 vehicles. The report said the chip selloff followed news Meta is building “Meta Compute” to lease surplus AI data center capacity.