High-Flyer, a hedge fund, is reportedly shorting NVIDIA Corporation (NASDAQ: NVDA) stock in connection with its project DeepSeek. The initiative has raised suspicions among observers, who suggest that it may have been a calculated strategy to manipulate perceptions around the use of NVIDIA chips. Some commentators allege that the project was misrepresented as a side endeavor, while in reality, it involved the use of banned technology. Concerns have been expressed regarding the timing of the DeepSeek paper's release, particularly in relation to High-Flyer's shorting activities. The situation has drawn attention to the broader implications of hedge fund strategies in the tech sector.
so deepseek was made by a quant firm… they definitely shorted nvidia right?
DeepSeek was created by a “spin-out” of a Chinese hedge fund, who readily presented its technical details for the world to see. Suspicious, how much $NVDA did High Fly short before releasing the paper last Wednesday? This is nothing new technically, rather it’s simply using a…
Plot Twist: The hedge fund High-Flyer shorted Nvidia stocks so created Deepseek 🤣