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Michael Burry Warns of AI Bubble as Nebius Compute Pricing Flashes Red Flags

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The Story

News Summary

  • Michael Burry expressed bearish sentiment on AI infrastructure stock Nebius, warning that the AI compute boom rests on unsustainable pricing assumptions.
  • He highlighted inverted contract pricing and aggressive server depreciation schedules as red flags, signaling potential overvaluation risks across the broader artificial intelligence hardware and infrastructure sector.
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