"The Big Short" invests $1 billion to short Nvidia and Palantir, Palantir hits back: Simply insane.

As warnings about the artificial intelligence investment bubble become more and more frequent on Wall Street, the latest disclosed holdings of Michael Burry's Scion Asset Management company show that he has started heavily shorting the AI concept stocks leaders Nvidia and Palantir. As a result, Nvidia, Palantir, and other large tech stocks and AI concept stocks have all experienced declines. During the Asia-Pacific trading session today, influenced by the negative performance of US stocks overnight, markets in Japan and South Korea also opened lower. After two consecutive days of decline, Palantir CEO Karp couldn't resist speaking out and during an interview on Tuesday morning, he stated that he theoretically does not oppose short selling, but he wanted to say that at least don't short companies that have meaningful missions: shorting companies like Palantir and Nvidia is "simply crazy". He even specifically mentioned Burry, saying "he is actually shorting AI... and his targets are us and Nvidia. But the two companies he chose to short have extremely strong profitability. This behavior is shocking, and if it turns out to be wrong in the end, I will definitely celebrate."