Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management bet against Nvidia using put options last quarter, filings show.Paul Singer's firm had "at least $600 million in downside exposure" to the chip maker, one analyst said.Elliott told clients last year that Nvidia was in a "bubble" and AI was "overhyped."Elliott Management bet big against Nvidia after telling clients the chipmaker's stock was in a "bubble" and artificial intelligence was "overhyped." Billionaire investor Paul Singer's firm bought put options last quarter on 1.45 million Nvid ...