AMZN, META, GOOGL, MSFT, ORCL: Michael Burry Sounds Fresh Alarm On Big Tech’s AI Spending, Warns Of Massive Write-Offs In Two Years
Burry flags rising leverage, off-balance-sheet commitments and accounting practices as AI infrastructure spending accelerates. Burry warned the AI spending boom is echoing past capital-cycle bubbles, with the fallout potentially emerging in 2028 or 2029. Big Tech’s AI commitments are ballooning, with Alphabet carrying nearly $900 billion in off-balance-sheet exposures, according to Burry. Hyperscalers are on … Read more