Michael Burry adds to shorts as Nasdaq-100 hits all time high. Why he’s betting against chips


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Chinese production capacity could determine whether cyclicality returns to the memory sector after a historic boom.

Michael Burry adds to shorts as Nasdaq-100 hits all time high. Why he's betting against chips

Michael Burry thinks the memory chip industry could return to its cyclical history and zap high-flying technology stocks that drove the Nasdaq-100 index to an all-time high this week.

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