Long on Software, Short on Chips: 'The Big Short' Investor Buys Microsoft, Shorts NVIDIA

Wallstreetcn
2026.04.24 00:25

Michael Burry, the real-life inspiration behind 'The Big Short', announced on Thursday that he opened a long position in Microsoft, increased holdings in software stocks such as Adobe and PayPal, while also buying Nasdaq ETFs and put options on NVIDIA to short the broader tech sector and semiconductors

Michael Burry, the real-life inspiration behind "The Big Short" and a prominent investor, is constructing a technology stock portfolio with opposing directional bets. On one hand, he is increasing positions in individual software sector stocks; on the other, he is using options to bet on declines in the broader technology index and the semiconductor sector.

According to an article posted by Burry himself on Substack, he purchased Microsoft shares on Thursday and simultaneously added to his positions in PayPal and Adobe, further expanding his long exposure to the software industry.

At the same time, he bought January 2027 and March 2027 put options on the Invesco QQQ Trust ETF, as well as January 2027 put options on NVIDIA and the iShares Semiconductor ETF, signaling his cautious outlook on the medium-term trajectory of the broader technology sector and the chip industry.

This positioning juxtaposes long positions in software stocks against short positions in the Nasdaq Index and the semiconductor sector, reflecting clear logic around sector rotation and hedging—a development of significant reference value for investors monitoring the technology industry.

Additionally, on April 10, Michael Burry purchased shares of JD.com and Alibaba.

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