Nvidia short-sellers bleed $3.6bn in May as AI boom continues
Nvidia stock is up by more than 160% year-to-date
Nvidia’s roughly 160% year-to-date gain has hit short-sellers with losses of $8.5bn between 1 January and 31 May
BloombergShort-sellers are losing billions on Nvidia bets as the chipmaker becomes the top pick of global investors amid the AI boom.
In May, Nvidia shorts lost $3.6bn, according to financial analytics provider ORTEX.
Nvidia’s roughly 160% year-to-date gain has hit short-sellers with losses of $8.5bn between 1 January and 31 May, making the chipmaker...
