"Burry from 'The Big Short' bets on a semiconductor pullback, buys SOXX put options."

```

"The Big Short" Michael Burry has publicly established a short position in semiconductors, against the backdrop of the Philadelphia Semiconductor Index's record-breaking 18-day rally. He bluntly stated that the current surge is driven by technical factors rather than fundamentals.

Burry revealed in a Substack post on Friday that he has purchased put options on the iShares Semiconductor ETF, specifically contracts expiring in January 2027 with a strike price of $330. This move indicates that he is betting this popular market sector will see a significant decline within the next two years.

Burry's comments coincided with the Philadelphia Semiconductor Index marking its 18th consecutive trading day of gains, setting a new record. He stated clearly in his post: "If he held long positions in semiconductor stocks now, he would choose to sell."

According to a previous article by Wallstreetcn, during the "Black Thursday" collective plunge of US software stocks, Burry announced the purchase of Microsoft shares and also increased his holdings in MSCI, PayPal, and Adobe.

Questioning the rally: Technical factors dominate, not fundamentals

Burry characterized this round of semiconductor trading in a direct and sharp manner. He wrote:

"I know the Philadelphia Semiconductor Index will pull back, and veteran semiconductor professionals know it as well. The current surge is largely due to technical reasons."

He further pointed out that while narratives around large-scale data center expansion and chip supply shortages are strong, he sees them as being driven mainly by market sentiment rather than sustainable fundamental logic.

Burry is known to the market as the prototype in "The Big Short," having accurately shorted the subprime market before the 2008 financial crisis.

Other holding movements: Increased positions in Fannie Mae, Sprouts, and Molina Healthcare

Besides his semiconductor short, Burry also disclosed several long trades. He said he had increased his holdings in Fannie Mae and Freddie Mac shares, as well as adding to the organic supermarket chain Sprouts Farmers Market.

Regarding his largest current positions, Burry listed three core targets: GameStop, JD.com, and healthcare management firm Molina Healthcare, and said he had further increased his stake in Molina Healthcare.

This portfolio shows that while Burry is taking a defensive stance toward highly popular tech themes, he is concentrating on consumer and healthcare assets with relatively low valuations.

Risk Warning and DisclaimerThe market has risks, and investment needs to be cautious. This article does not constitute personal investment advice, nor does it consider the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular situation. Investments made accordingly are at one's own risk. ```