Hedge Funds

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
Nvidia’s roughly 160% year-to-date gain has hit short-sellers with losses of $8.5bn between 1 January and 31 May Photo: Bloomberg

Short-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.

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