Tags: nvidia | short | bets | deepseek

Nvidia Short Bets Rake in Over $6B in Profits

Nvidia Short Bets Rake in Over $6B in Profits
(AP)

Tuesday, 28 January 2025 12:48 PM EST

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.

Traders betting against AI-darling Nvidia earned profits of about $6.6 billion — the biggest single-day move ever on the stock — according to data analytics firm Ortex.

Nvidia saw $593 billion wiped off its market value on Monday, in the biggest single-session loss ever for any company, after Chinese startup DeepSeek launched AI models that it said are at par or better than industry-leading models in the United States, at a fraction of the cost.

Short sellers of chipmaker Broadcom also earned more than $2 billion in profits.

Other AI-related stocks, such as server-maker Super Micro, data-center operator Equinix and energy provider Vistra, also witnessed heavy losses on Monday, giving investors betting against these firms combined profits of more than $900 million, according to Ortex.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
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.
nvidia, short, bets, deepseek
159
2025-48-28
Tuesday, 28 January 2025 12:48 PM
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