Michael Burry, the investor known for *The Big Short*, has expanded his bearish bets against AI-related stocks, adding short positions in Nebius, Micron Technology, and Oracle, alongside a broader wager against the iShares Semiconductor ETF (SOXX.US). He labeled NVIDIA’s financing architecture a "$500 billion Wall Street stunt" backed by private-credit structures, calling the surge across infrastructure names textbook peak-boom behavior. Despite elevated short interest—including a tripling in Nebius short volume past 10 million shares—the market has held firm, with Nebius, Nvidia, Micron, and Oracle all trading higher. Burry’s latest short additions followed Nebius’s blowout second-quarter earnings, which sent revenue up more than fivefold to $582.3 million and pushed the stock past $250. Unmoved by the results or the company's raised five-gigawatt capacity guidance, Burry added to his Nebius short at $247, citing aggressive financing models, residual-value guarantees, and systemic risks. Nebius shares gained another 3.5% to $268.14, raising the risk of a squeeze on short sellers. Micron rose 2.4%, adding to its 23% rebound from a low in late July. Nvidia is up Thursday, taking gains from a recent low to more than 19%, while Oracle has surged 37% from a low in July. The immediate tape shows bulls firmly in