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🚨 The man who predicted the 2008 crash is now betting everything against the AI bubble.

Michael Burry warns the AI and semiconductor rally has further to fall, disclosing a fresh round of short positions on his latest Substack.

Burry believes much of the current and future AI demand isn't being driven by real end customers.

He claims it's "majority financed in a circular arrangement" and kept off-balance-sheet, citing the 2026 BIS annual report.

Burry continues to hold his Nvidia puts "in good size" combined with his SOXX short and put options.

He said his SOXX position and put options together make up a very large position of his portfolio.

Short positions he added to, according to his Substack newsletter:

1. Micron at $933.86

2. Nvidia at $210.28

3. Caterpillar at $893.49

4. SOXX at $535.83

Burry said he has not covered his Tesla (TSLA) short, adding that it "gets smaller all on its own."

He also stated that he remains bearish on the broader technology sector and his Tesla, Palantir and QQQ shorts remains untouched.

Burry bought Flutter at $100.72 and DraftKings at $23.07 as a play against prediction markets, and also added Molina Healthcare at $197.02.

President Donald Trump's $1.4 billion earnings from his crypto ventures has become a major obstacle in Senate negotiations over the Clarity Act.

Senate Republicans introduced revised language this week in an effort to end a months-long stalemate. Democrats and consumer watchdog groups quickly rejected the proposal, arguing that it does not include strong enough safeguards to prevent a sitting president or members of the president’s family from profiting from crypto businesses while the administration regulates the same industry.

The dispute centers on Trump's memecoin and other family-linked crypto ventures, which critics say raise potential conflict-of-interest concerns. The disagreement could further delay legislation designed to clarify how cryptocurrencies and other digital assets are regulated in the United States.