Retail is pouring money into a memory-chip ETF that just fell more than 30%.
The DRAM fund launched 6 months ago, dropped 30% in two months, and its assets kept climbing to a new high straight through the decline. The crowd is treating the crash as a clearance sale.
Memory… pic.twitter.com/PLyfPE6MBy
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 27, 2026
DRAM ETF about 32% below the $81 high
https://seekingalpha.com/article/4938709-dram-the-29-billion-buyback-just-changed-the-memory-trade
This is the market:
(not just two cherry-picked stocks)
The S&P 500 is in a bubble. pic.twitter.com/bVvWA5YmPe— Bob Hyneman (@BobhynemanUSA) August 27, 2026
$NVDA, like the US government, keeps making promises it cannot keep while going deeper into debt.
Absolutely insane that people are focused on revenues instead of looking a few paras below the headline. pic.twitter.com/zB8O0pDEew
— Kashyap Sriram (@kashyap286) August 27, 2026
🚨 BREAKING
MICHAEL BURRY JUST SAID WHAT EVERYONE ELSE IS MISSING ABOUT ANTHROPIC’S IPO
“Adjusted for inflation, the SpaceX, Anthropic and OpenAI IPOs will raise as much or more than the 300 internet and TMT IPOs did in 2000”
THE BIG SHORT GUY SAYS ANTHROPIC IS PART OF AN IPO… pic.twitter.com/6dVyEZOovF
— Leshka.eth ⛩ (@leshka_eth) August 27, 2026
Burry on mega IPOs vs 2000
https://www.sahmcapital.com/news/content/michael-burry-compares-openai-anthropic-spacex-ipo-hype-to-dot-com-bubble-2026-05-27
New York Times reporting this week said Anthropic bankers floated raising more than $100 billion.
In July the DRAM fund’s slide lined up with margin calls and a brutal month for Korea’s KOSPI.
Burry is also sitting short Nvidia and other AI names while buying calls only as a hedge.
The A.I. debt binge
https://www.nytimes.com/2026/08/26/opinion/ai-debt-economy-hyperscalers.html