“Big Short” Bury: AI infrastructure has become a key pillar of the US economy Trump can't afford to let the AI boom fail

The Zhitong Finance App learned that Michael Berry, an investor famous for accurately predicting the 2008 subprime mortgage crisis, said that today's success in the artificial intelligence (AI) industry is as important to the US government as it is to the tech giants driving this boom. The prototype for the movie “The Big Empty” said that the Trump administration has little room to cool down the AI craze. He believes that although he is still bearish on several companies at the core of AI transactions, AI infrastructure construction has become a key force supporting the US economy.

According to reports, Bury wrote in a recent Substack chat: “Trump and his team know that AI narratives and infrastructure construction are the only forces supporting this round of economic operation, and it is also the most positive thing that happened this year.” “They can't afford to let it go down,” he added. At the same time, he also questioned what measures Washington could take to prevent the economy from falling into a slump.

Bury began shorting US AI stocks with a nominal value of about 1.1 billion US dollars in the third quarter of 2025 with Nvidia (NVDA.US) and Palantir (PLTR.US) put options. In 2026, it expanded to a full-chain bear network covering semiconductors, storage, and AI infrastructure, including bearish bets on Micron Technology (MU.US), Oracle (ORCL.US), Nebius (NBIS.US), and iShares Semiconductor ETF (SOXX). He has also repeatedly questioned the logic of investing in AI and believes that huge capital expenditure may not necessarily translate into sustainable returns. Furthermore, revolving financing, false GPU depreciation period, and off-balance sheet liabilities are all “pillars” of Burry shorting US AI stocks.