Short Sellers Have Lost Over $13 Billion Betting Against These 5 AI Stocks This Year

nyse trader

A trader works during the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York, United States, March 20, 2019.Reuters/Brendan McDermid

  • Short sellers have lost more than $13 billion betting against a handful of AI stocks this year.

  • Nvidia shares soared more than 150% in 2023 and sparked an AI frenzy after its bullish forecast.

  • These are the five AI stocks that have caused bearish investors a world of pain.

The frenzy of stocks exposed to artificial intelligence has created dizzying gains for investors this year, as well as painful losses for short sellers.

According to data from S3 Partners Research, just five AI-related stocks have caused more than $13 billion in mark-to-market losses for short sellers this year.

The losses are significant considering that short-term interest as a percentage of stock float is in the low numbers for these stocks, meaning that a large portion of the losses were not triggered by as many people caught on the wrong side of trade, but rather by such massive rallies in stock prices.

These are the five IA stocks that have caused more than $13 billion in losses for short sellers this year, according to S3 Partners.

5. Taiwan semiconductor

TSMC exhibition space at the World Semiconductor Congress 2022 in China.

TSMC exhibition space at the World Semiconductor Congress 2022 in China.

TSMC exhibition space at the World Semiconductor Congress 2022 in China.CFOTO/Future Publishing via Getty Images

Symbol: TSM
Gain since the beginning of the year: 33.7%
Short Seller Losses: $690.7 million

4. Marvell Technology

Headquarters of Marvell Technologies in Santa Clara, CA

Headquarters of Marvell Technologies in Santa Clara, CA

Marvell Technologies HeadquartersSmith/Gado/Getty Images Collection

Symbol: MRVL
Gain since the beginning of the year: 64.7%
Short Seller Losses: $723.4 million

3.Broadcom

Broadcom

Broadcom

Reuters

Symbol: AVGO
Gain since the beginning of the year: 42.4%
Short Seller Losses: $1.5 billion

2. Advanced microdevices

AMD CEO Lisa Su

AMD CEO Lisa Su

AMD CEO Lisa SuAssociated Press

Symbol: AMD
Gain since the beginning of the year: 83.6%
Short Seller Losses: $2.0 billion

1.Nvidia

Nvidia CEO Jensen Huang reacts to a video during his keynote speech at CES in Las Vegas, Nevada, U.S., January 7, 2018.

Nvidia CEO Jensen Huang reacts to a video during his keynote speech at CES in Las Vegas, Nevada, U.S., January 7, 2018.

Nvidia CEO Jensen Huang reacts to a video during his keynote speech at CES in Las Vegas, Nevada, U.S., January 7, 2018.Rick Wilking/Reuters

Symbol: NVDA
Gain since the beginning of the year: 167.2%
Short Seller Losses: $8.6 billion

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