Investor Michael Burry has increased his short positions in Micron Technology, Palantir, Nebius Group, and the iShares Semiconductor ETF, expressing skepticism about the sustainability of the current AI and semiconductor market boom. He highlights concerns over memory-chip supply, noting that rising production and expanding Chinese memory output could ease supply constraints and pressure prices. This comes ahead of Micron's upcoming quarterly results, with investors closely watching memory pricing and demand as key industry indicators. Burry also maintains bearish views on other tech stocks but has added to positions in select companies he finds undervalued.
As of Sep 23, 2026 22:43 WIB, Micron Technology trades at USD 1,077.00 with a 1-day decline of 1.75% on Pluang. Palantir Technologies shows a 3.84% gain, priced at USD 192.07, while the iShares Semiconductor ETF is down 1.63% at USD 563.47. These price movements reflect active investor positioning in the semiconductor and tech sectors amid ongoing market debates about supply and demand dynamics.
Citi increased its price target for Micron Technology to $1,300 from $1,150, citing stronger-than-expected DRAM pricing and ongoing supply shortages. Despite the rally, Micron shares still trade below the average Wall Street target, suggesting potent...
Micron Technology's stock has risen 275% this year, driven by strong demand for AI-related memory products like high bandwidth memory (HBM). The company is set to report fiscal Q4 earnings on September 30, with investors focused on HBM revenue, gross...
ChatGPT forecasts Micron Technology's stock to increase about 4.4% to $1,145 by October 1, driven by strong AI-related growth and favorable pricing in its memory products. The company is gaining recognition as an AI infrastructure player due to its H...
Investor Michael Burry disclosed short positions in Palantir, Nebius, and Micron, citing concerns over an oversupplied memory market and its impact on semiconductor stocks. Despite Burry's short on Palantir, its shares rose 2%, while Nebius and Micro...
Citi analyst Atif Malik raised Micron's stock price target from $1,150 to $1,300, maintaining a Buy rating due to stronger-than-expected DRAM pricing and undersupplied memory markets. This optimism is supported by upcoming industry events like SEMICO...
