Michael Burry Shorts Applied Materials on 1987-Style Crash Warning
Updated
Updated · Yahoo Finance · Aug 5
Michael Burry Shorts Applied Materials on 1987-Style Crash Warning
3 articles · Updated · Yahoo Finance · Aug 5
Summary
Applied Materials has drawn fresh scrutiny after Michael Burry reportedly took a short position in the semiconductor equipment maker as part of a broader bearish bet on large chip-linked stocks.
Burry tied that stance to a warning of a potential 1987-style market crash, framing the risk as a macro and liquidity shock rather than company-specific weakness.
Applied Materials sits near the center of AI and wafer-fab spending, so the short challenges a bullish narrative built on long-term demand for chipmaking tools, data centers and advanced computing.
The reported trade also underscores how elevated expectations for semiconductor names can amplify near-term price swings even when the longer-term industry outlook remains intact.