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Jim Cramer and Michael Burry rarely agree on anything, but their clash over Micron has turned into a very public, very high-stakes argument about whether the AI bubble pops before June 2027.
Two of the most-watched names in retail investing are on opposite sides of Micron Technology (NASDAQ:MU) this week. Michael Burry told readers on September 28, 2026 that put options had replaced his short positions. His Micron puts expire in June 2027 at a strike of roughly $500. Jim Cramer took the other side on two…
Burry shifted from shorting Nvidia to buying puts, but his post-2008 record includes a $1.6 billion losing bet. The depreciation math tells a clearer story.