Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
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.
Prediction: Once the Panic Dies Down, Nvidia Stock Will Soar to a New Record High
Nvidia got crushed on Monday, the result of artificial intelligence (AI) developments in China. Startup DeepSeek claims to have developed a top-shelf AI chatbot at a fraction of the cost. Nvidia's cutting-edge technology and track record of innovation provide a compelling case for buying the shares on sale.
All told, Nvidia’s market share and its margins are bound to fall, and perhaps sooner than investors had thought before ...
Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the ...
Monday's massive selloff in AI-darling Nvidia's shares did little to blunt options traders' enthusiasm for the chipmaker's ...
If necessity is the mother of invention, then the United States' biggest artificial intelligence investors are rethinking ...
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week, many of those names got ...
Shares of Nvidia ( NVDA 6.97%) surged higher on Tuesday, after taking it on the chin Monday. The maker of graphics processing ...
A prominent stock taking a dive could look like a big buying opportunity, but tread carefully, say investing pros.
Nvidia Chief Executive Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. His net worth dropped $20.8 billion.
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.
Nvidia shares traded higher in the premarket Tuesday, as traders reassessed the implications of a much cheaper-to-build large ...
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