Michael Burry Declares War on the AI Craze, Labels NVIDIA the Cisco of Today Amid Oversupply Fears

COINOTAG News reported on Nov 25, citing Wall Street News, that after rumors of fund liquidation and media hype around a ‘short AI’ narrative, veteran investor Michael Burry fulfilled his promise on Nov 24 by publishing his first column, ‘Primary Signs of a Bubble: Supply-Side Binge.’ He targeted the current AI rally, naming NVIDIA as the epicenter.

In his analysis, Burry challenges the notion that tech profits negate a bubble and draws a line to the 1999 Internet era: the boom rested on profits, not revenue-less sites. He warns the AI craze suffers from oversupply and waning demand, insisting that ‘this time is different’ is not proven.

For crypto markets, the narrative carries a tangible warning: avoid chasing parabolic stories and focus on fundamentals. Traders should assess on-chain demand signals, real-use cases, and risk metrics; deploy disciplined position sizing; and preserve liquidity to weather potential drawdowns when speculative euphoria cools.