AI stocks tumble: Michael Burry tracker lists drops up to 16.67%
A tweet shared by Michael Burry's tracker lists declines of up to 16.67% in AI stocks such as AAOI, SNDK and AMD. What lies behind the episode.
English · Original discussion in Spanish · Published
A list of share prices shared by Michael Burry's tracker shows double-digit declines in AI-related stocks, with AAOI losing 16.67% and AMD 12.90%. These are single-session moves, not confirmation that the AI market has broken.
The post circulating on social media is a table of declines. It is topped by **AAOI**, down **16.67%**, trinc by **SNDK** (**15.08%**) and **COHR** (**13.12%**). These are names that sound like tech, but it is worth knowing what lies behind each one.
## Which companies appear on the list
**Applied Optoelectronics** (AAOI) makes optical components for data centers. **SanDisk** (SNDK) produces flash memory. **Coherent** (COHR) makes lasers and photonics. All of them sell to the AI supply chain, not to end users. That is why they move together when the market revises expectations.
The rest of the list trinc the same pattern. **AMD** falls **12.90%**, **Dell** **12.89%**, **Marvell** **12.63%**. These are chip and server makers. **Nvidia**, the sector benchmark, slips **5.61%**, less than its suppliers. That difference matters: the punishment is concentrated in the middle links of the chain.
## The detail that is often overlooked
A percentage drop is not an economic story on its own. Without the date of the session, without trading volume, and without comparison to the benchmark index, the figure says little. A stock that rises 300% in a year can correct 16% and still be far above where it started.
The message accompanying the table, "It's happening", is an interpretation, not a fact. It suggests the market is starting to price in something that had been foreshadowed. But the list does not identify what. Anyone can read a bursting bubble or a simple portfolio rotation into it.
## Why these figures spread so widely
The name **Michael Burry** carries weight. He became famous for betting against subprime mortgages before 2008, and any account using his name to post market data gains reach. That does not turn the table into analysis. It is a screenshot of share prices.
AI stocks have risen a lot, and any correction is amplified on social media. The practical lesson: before drawing conclusions from an isolated percentage, look at the date, the benchmark index and the time frame. And if you plan to move money based on that information, consult a financial advisor.
The post circulating on social media is a table of declines. It is topped by **AAOI**, down **16.67%**, trinc by **SNDK** (**15.08%**) and **COHR** (**13.12%**). These are names that sound like tech, but it is worth knowing what lies behind each one.
## Which companies appear on the list
**Applied Optoelectronics** (AAOI) makes optical components for data centers. **SanDisk** (SNDK) produces flash memory. **Coherent** (COHR) makes lasers and photonics. All of them sell to the AI supply chain, not to end users. That is why they move together when the market revises expectations.
The rest of the list trinc the same pattern. **AMD** falls **12.90%**, **Dell** **12.89%**, **Marvell** **12.63%**. These are chip and server makers. **Nvidia**, the sector benchmark, slips **5.61%**, less than its suppliers. That difference matters: the punishment is concentrated in the middle links of the chain.
## The detail that is often overlooked
A percentage drop is not an economic story on its own. Without the date of the session, without trading volume, and without comparison to the benchmark index, the figure says little. A stock that rises 300% in a year can correct 16% and still be far above where it started.
The message accompanying the table, "It's happening", is an interpretation, not a fact. It suggests the market is starting to price in something that had been foreshadowed. But the list does not identify what. Anyone can read a bursting bubble or a simple portfolio rotation into it.
## Why these figures spread so widely
The name **Michael Burry** carries weight. He became famous for betting against subprime mortgages before 2008, and any account using his name to post market data gains reach. That does not turn the table into analysis. It is a screenshot of share prices.
AI stocks have risen a lot, and any correction is amplified on social media. The practical lesson: before drawing conclusions from an isolated percentage, look at the date, the benchmark index and the time frame. And if you plan to move money based on that information, consult a financial advisor.
Also available in: Deutsch
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (5 replies).
More summaries
-
Japan raises rates, unwinds carry trade: is the 'dancing bear' coming?
The Bank of Japan hints at a new rate hike that would unwind the global carry trade. The @yutokanzakireal account announces it with apologies. What does it imply...
-
UGT's PSV: 20,000 families, bankruptcy and 25% lost
UGT's housing developer went bankrupt in 1993 with 20,000 families in it: those who pulled out recovered 75%, and those who stayed paid 7% more.
-
Viral tweet dubs Tecnocasa agent the 'Goku of Tecnocasa'
A viral tweet compares a Tecnocasa agent to Goku over his appearance. The post uses the nickname to mock Spain's real estate sector.
-
Francisco Llinares, Spanish financial analyst and educator, dies at 77
Francisco Llinares, technical analyst and financial educator from Spain, has died at 77. He leaves a legacy of technical analysis and scepticism, along with eccentric health methods.
-
What happens when a 300 km/h Spanish AVE train hits a cow
A calculation in the thread estimates that a 400-tonne AVE at 300 km/h releases 1,388,778 megajoules, equivalent to 332 kg of TNT. The cow does not survive; the train…
-
IBKR withdrawals stuck after ETF sale
A customer with a two-month-old account cannot withdraw funds or log in to IBKR after selling an ETF. Support has admitted a fault on their side with no fix date.