Trader who inspired The Big Short and now bets against AI sends tech shares lower
Published: 11/5/2025

Trader who inspired The Big Short places $1.1bn bet against AI stocks like Nvidia and Palantir, sparking concerns about an "AI bubble" in tech markets. Major indexes in Asia plunged, driven by SoftBank's 10% drop due to valuation worries. Investors fear overblown AI hype as shares of tech giants like Amazon, Nvidia, and Samsung tumble amid concerns about sustainability and high spending within the AI industry.



