Michael Burry, the founder of Scion Asset Management, posted a cryptic message on X on Thursday, November 12, 2026, referencing semiconductor giant Nvidia and related exchange-traded funds. His post, shared just after midnight UTC, read: "Trading Post November 12, 2026: Enough is Enough, $NVDA, SMH vs SOXX, 100% Human". The brief statement included the ticker for Nvidia and mentioned two prominent semiconductor exchange-traded funds, SMH (VanEck Semiconductor ETF) and SOXX (iShares Semiconductor ETF).
Burry's comments come as the semiconductor sector continues to be a significant focus for investors, driven by the rapid advancements in artificial intelligence. Nvidia (NVDA) shares are currently trading at $166.19, reflecting a 4.3% decline today. Recent Gokhshtein coverage included reports on the S&P 500 rallying on AI earnings and OpenAI's API revenue surge, highlighting strong investor interest in artificial intelligence and its underlying hardware. The sector's valuation has been a consistent topic of discussion among market observers.
The phrase "Enough is Enough" from Burry, known for his prescient market calls, suggests a potential inflection point or a warning regarding Nvidia's current valuation or the broader semiconductor market. His specific reference to "SMH vs SOXX" might imply a divergence in performance between these two major semiconductor ETFs or a specific trading strategy he observes or advocates. Burry's past market insights often lead investors to scrutinize the assets he mentions for signs of overvaluation or impending corrections, according to his followers.
