This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ7N0LI_L.jpg
Bearish bets on the chip designer, which is the biggest beneficiary of AI boom, have cost investors $11.36 billion in paper losses so far this year, neck-to-neck with Tesla (NASDAQ:TSLA) as the worst performing short bet, S3 Partners said.
Nvidia shares rose 7.4% to $506.30 before the opening bell.