Michael Burry sells 25% of his semiconductor ETF puts but stays bearish on chips

Key points

• Famed investor Michael Burry has reduced his put options position against a semiconductor ETF by 25 percent.
• Despite selling a quarter of these bearish bets, he maintains a negative overall outlook on the chip sector.
• The partial exit reflects a cautious adjustment while his underlying stance still points toward potential volatility in technology markets.

Summarized automatically by Kryptokite from reporting by Crypto Briefing. Read the original sources for full detail.