Michael Burry Sold 25% of His Chip Puts and Says He’s Still Very Bearish
24/7 Wall St. reports that Michael Burry used the November 5, 2026 chip selloff to sell 25% of his VanEck Semiconductor ETF puts for partial profits but says he is still very bearish, keeping most of his puts because he sees the decline running further. The article also cites Nvidia's 20.57% weight in the fund, post-midterm political pressure on AI, and suggests the equally weighted SPDR S&P Semiconductor ETF as an alternative.
