Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
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Firm says Nvidia's skyrocketing AI valuation is in a 'bubble' and 'overhyped' — Elliott says AI apps are not viable
Elliott Management, a hedge fund with approximately $70 billion in assets, has raised concerns about Nvidia and the AI ...