Michael Burry's Semiconductor Short Position Gains Up to 34.7%
Michael Burry established short positions in Nvidia (NVDA), Applied Materials (AMAT), and the Philadelphia Semiconductor ETF (SOXX) on June 30, and began shorting Micron Technology in early July. As of the market close on July 28, the short position in AMAT had an unrealized gain of approximately 34.7%, SOXX about 23.3%, Micron Technology about 22.0%, and Nvidia about 0.5%. The simple average unrealized gain of his semiconductor short portfolio was approximately 20.1%. Based on the closing prices on July 24, the unrealized gains from the newly added short positions were approximately 10.9% for Micron Technology, 4.8% for Nvidia, and 6.4% for SOXX, with a simple average of about 7.4%. Currently, there is a lack of specific information regarding the scale of the short positions, making it impossible to calculate the actual profit amount.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Dollar Weakens and Gold Prices Rise Following Fed's Rate Freeze

Oscar Lorenzo Reinhold, Seven-Time Convicted of Crimes Against Humanity, Dies

Azure Surpasses $100 Billion, Driving Record Revenue for Microsoft

Who were the seven people who died in the helicopter accident in San Juan

Cryptocurrency Exchanges Are 'Stealing' Ground from Traditional Brokers

BCRA Resumes Purchases as Reserves Exceed $49 Billion Again

Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill

Spider-Man: A New Day

Over 100 Participants Close Ethereum Institutional Funding

"There is no soft inflation target at the FED": Kevin Warsh

Poland Falls Behind in Cryptocurrency Dispute Due to Politicians

Goodbye to Corner Furniture: The Decorating Trend Transforming Homes in 2026

FIFA: $20 Billion Linked to Trump-Connected Fund, UEFA Pushes Back

Status Quo on the Fed in the USA, Bitcoin Raises Only an Eyebrow

Aviva Investors launches first tokenized fund on XRPL

China vs USA: After AI, the Humanoid Robot War is Declared

As crypto perpetual futures boom, Ethereum’s role is shifting

License Retention on the Road: When They Can Take It Away and How to Avoid It

Tecnópolis: A Giant of Entertainment Joins the Bid for the Concession of the Site

Visa CEO sidesteps labeling Open USD a challenger to Tether and USDC: 'Our role is not to pick winners'

Anchorage Digital says Fed’s proposed payment account is no 'workable substitute' for master account

Kimi K3: The License That Is Only Open Source in Name

Why locked liquidity does not mean a token is safe

CABA Launches a Contest to Transform the Look of the Microcenter: Who Can Participate and How to Sign Up

Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom

Unemployment Benefit from ANSES in August: Amounts and New Changes

XRP retail trading launches on licensed Hong Kong venue

OpenAI's Rogue AI Hacked Four More Platforms Besides Hugging Face

The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs








