Michael Burry Warns of Micron Memory Boom as China Competition Rises
Michael Burry boosted his Micron short around $924, warning that AI hardware valuations may assume demand that could be harder to sustain. Micron stock fell in premarket trading as investors weighed rising Chinese memory competition from suppliers such as CXMT and YMTC, whose DRAM and NAND shares are expanding, potentially slowing Micron’s pricing momentum.