Short sellers lose more than $13 billion on bets on 5 AI stocks

• Short sellers have lost more than $13 billion this year betting on a handful of artificial intelligence stocks.
• Nvidia’s stock surges more than 150% in 2023, sparking an AI frenzy following bullish forecasts.
• These are the 5 AI stocks that have brought pain to the world for bearish investors.

The stock craze with its exposure to artificial intelligence has delivered dizzying gains for investors this year and painful losses for short sellers.

Just five AI-related stocks have caused more than $13 billion in losses to short sellers this year, according to data from S3 Partners Research.

Given the low-single-digit ratio of short to float for these stocks, the loss was significant, and much of the loss was not due to not many people getting caught on the wrong side of the trade. means Instead, by such a massive rise in stock prices.

These five AI stocks have lost more than $13 billion to short-sellers this year, according to S3 Partners.

5. Taiwan Semiconductor

Ticker: TSM
Year-to-date profit: 33.7%
Short seller losses: $690.7 million

4. Marvel Technology

Ticker: MRVL
Year-to-date profit: 64.7%
Short seller losses: $723.4 million

3. Broadcom

Ticker: AVGO
Year-to-date profit: 42.4%
Short seller losses: $1.5 billion

2. Advanced microdevices

Ticker: AMD
Year-to-date profit: 83.6%
Short seller losses: $2 billion

1. Nvidia

Ticker: NVDA
Year-to-date profit: 167.2%
Short seller losses: $8.6 billion