Michael Burry’s Latest Monster Gamble: ‘Big Short’ Investor Bets $47M Against 2023’s High-Flying Sector

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Michael Burry, the renowned “Big Short” investor and Scion Asset Management founder, has again made a bold market move, reminiscent of his wagers on the subprime crash in the run-up to the 2008 financial crisis. Contrary to his recent closure of significant short positions on the S&P 500 and Nasdaq, previously detailed by Benzinga, Burry’s new strategy unveiled in the latest 13F filing for Q3 2023 took a different turn. He opened a massive short bet against one of the best performing industries so far this year. Burry Bets Against Soaring Semiconductor StocksThe hedge fund manager placed a $47…

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