June 25 (Reuters) – Nvidia (NVDA.O), opens new tab short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies.

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