Nvidia short sellers make $5 billion from three-day selloff, data shows

Nvidia (NVDA.O) short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over just three sessions earlier this week, according to data analytics firm Ortex Technologies.

The stock has slumped 13 per cent and lost $430 billion in market capitalization since June 18, when it briefly became the world’s most valuable company following a meteoric rise.

Short sellers made $2.40 billion off Nvidia’s 6.6 per cent fall on Monday, Ortex said...