Investor Michael Burry warned about Alphabet Inc. planning to issue 100-year bonds, drawing parallels to Motorola’s downfall. At the start of 1997, Motorola was a top 25 company in America. Nokia overtook Motorola in 1998, and after Apple’s iPhone launch, Motorola faded from the spotlight, now ranking 232nd in market cap.

Alphabet is set to issue 100-year debt in a significant bond sale, offering debt in dollars, British pounds, and Swiss francs with varying maturities. The sale will include sterling debt with maturities from three to 100 years, and Swiss franc debt with maturities from three to 25 years.

Burry’s warning follows recent critiques of tech giants’ AI investments. He criticized companies like Microsoft and Alphabet for heavy AI infrastructure spending that may become obsolete. Burry also bet against Nvidia Corp., questioning the sustainability of the AI chip boom.

Read more at Yahoo Finance: Michael Burry Warns Alphabet’s 100-Year Bond Move Mirrors Motorola’s 1997 Decline