Nvidia short bets rake in over $6 billion in profits after DeepSeek panic

By X-blogger - on January 29, 2025

Nvidia Stock Price Daily Chart

Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China’s DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.

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