Gerber Kawasaki CEO Ross Gerber has publicly slammed “Big Short” investor Michael Burry over his newly revealed short position against Micron Technology Inc. (NASDAQ:MU). Gerber deconstructed the bearish bet, calling the move a “joke” as the memory-chip giant rides a wave of artificial intelligence demand.
Shorting AI Infrastructure is a ‘Joke’
In a scathing social media post, Gerber firmly dismissed Burry’s bearish outlook on the semiconductor manufacturer. “Burry. What a joke going short my top position,” Gerber wrote on X, referencing his firm’s heavy investment in the tech stock.
Gerber did not hold back on personal criticisms regarding the famous investor’s track record, claiming Burry “manages almost nothing” and merely “made a great call 20 years ago.”
Pointing to the underlying fundamentals driving the current tech market rally, Gerber argued that Micron is in an “epic position to profit from the expansion of AI services and products.”
Burry Sees a ‘Destroyer of Capital’
The public clash follows Burry’s recent Substack disclosure, where he revealed a short position against Micron despite the stock already facing a slight pullback.
The famous bear characterized the AI’s memory trade— MU is a structural “destroyer of capital,” arguing that retail and institutional investors are currently caught in a highly psychological market bubble.
According to Burry, the stock’s extension over its 200-day moving average surpasses even the most extreme peaks of the dot-com era. He pointed to Micron’s historical financials, citing a median return on invested capital of just 4% over the last 42 years.
Burry warned that bulls are falling into a dangerous “scarcity bias trap” over High Bandwidth Memory chips.
The Bullish Math
While Burry sees a cyclical commodity heading for a brutal correction, Gerber remains hyper-bullish on the stock‘s future.
He previously outlined a clear path for Micron shares to reach $1,140, utilizing “simple” math: applying a 20-times market multiple to an expected $57 in earnings per share for 2026.
How Has MU Performed In 2026?
Micron shares have surged 245.03% year-to-date, 13.97% over the last month, and 705.26% over the year. It closed 0.94% higher at $984.75 apiece on Monday, and it was down 4.99% in premarket on Tuesday.
Benzinga’s Edge Stock Rankings indicate that MU maintains a strong price trend in the long, short, and medium terms, with a good quality score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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