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Philadelphia Semiconductor Index Falls More Than 12% in Seven Days

S3 data showed short sellers recorded $32 billion in gross paper profits over the same seven-day span amid the semiconductor selloff, which the report attributed to CoreWeave debt concerns.

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Short sellers have bagged a multi-billion-dollar payday amid a retreat in semiconductor stocks driven by CoreWeave’s debt concerns.Short sellers recorded $32 billion in gross paper profits over a seven-day span as the Philadelphia Semiconductor Index plummeted more than 12%, S3 data showed, as quot…