Michael Burry Semiconductor Shorts Yield Up to 34.7% Unrealized Profit

Burry's short bets on Nvidia, AMAT, and SOXX show significant unrealized gains, with AMAT leading at 34.7%. Average profit across initial positions stands at roughly 20.1%.

Woofun AI reports that Michael Burry initiated short positions in Nvidia (NVDA), Applied Materials (AMAT), and the Philadelphia Semiconductor ETF (SOXX) on June 30, followed by direct shorts in Micron Technology in early July. As of the July 28 US market close, unrealized profits for these initial positions were approximately 34.7% for AMAT, 23.3% for SOXX, 22.0% for Micron, and 0.5% for Nvidia, resulting in a simple average gain of 20.1%. Additional shorts added around July 24 showed lower unrealized profits of 10.9% for Micron, 4.8% for Nvidia, and 6.4% for SOXX, averaging 7.4%. Specific details regarding position sizing, options structures, and closure status remain undisclosed, preventing calculation of actual profit amounts.