Michael Burry Says 'Shorts Are Not Forever' As Palantir, Nvidia Stocks Wrap A Rough Quarter

Michael Burry indicated that his short positions on Palantir Technologies Inc. (NASDAQ: PLTR) and Nvidia Corp. (NASDAQ: NVDA) may have been successful as both stocks experienced a downturn after significant gains in 2025. Year-to-date, Palantir's stock has dropped 20% and Nvidia's by nearly 9%. Burry's strategy, referred to as 'Big Short 2.0', involved substantial put positions totaling around $900 million against Palantir and a smaller position against Nvidia, betting on a deflation of the AI bubble.