Intel Corp. (NASDAQ: INTC) short interest rose 8.3% to 233.9 million shares. About 4.7% of Intel’s float is now short.
Advanced Micro Devices Inc. (NYSE: AMD) saw short interest rise by 11.4% to 95.55 million shares, or 15.8% of the company’s total float.
Qualcomm Inc. (NASDAQ: QCOM) short interest rose 6.3% to 14.88 million shares, which represents 0.9% of the company’s float.
ARM Holdings PLC (NASDAQ: ARMH) saw a 42.3% drop in short interest to 3.07 million shares, which is about 0.7% of the firm’s float.
Micron Technology Inc. (NASDAQ: MU) showed a rise of 14.0% in short interest to 83.5 million shares, or about 8.2% of Micron’s float.
SanDisk Corp. (NASDAQ: SNDK) saw short interest rise by 11.2% to 7.88 million shares, or 3.3% of the company’s float.
Short interest in Broadcom Corp. (NASDAQ: BRCM) fell by 1.9% to 8.1 million shares. That is 1.6% of the total float.
Marvell Technology Group Ltd. (NASDAQ: MRVL) posted a 7.7% drop in short interest to 5.7 million shares, or about 1.3% of Marvell’s float.
Nvidia Corp. (NASDAQ: NVDA) short interest rose by 30.7% to 21.61 million shares, about 3.6% of the company’s float.
Texas Instruments Inc. (NASDAQ: TXN) saw short interest rise 1.6% to 26.79 million shares, or 2.4% of the float.
Applied Materials Inc. (NASDAQ: AMAT) short interest dropped by 8.4% to 15.71 million shares, which is about 1.3% of the company’s float.
The Market Vectors Semiconductor ETF (NYSEMKT: SMH) showed a rise of 17.7% in short interest to 7.44 million shares.
The sharp drop in short interest in ARM Holdings follows on forecasts for a sharp rise in demand for mobile devices. The company’s share of the embedded processor market is also safe, and a new move into low-power servers is beginning to pay off. The company’s ability to execute on its plans is proving to be too much for many short sellers.
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