Hedge funds upped short AI bets in July, Hazeltree says

LONDON, Aug 12 : Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw chipmaker shares tumble around the world Here are some details about hedge fund positioning in July:• Hedge funds increased short positions — bets that a price will fall — in chipmaker Super Micro Computer , as well as AI infrastructure firms Coreweave and Nebius Group , the report showed.• All three were in the top 10 most shorted stocks in July across the firm's hedge fund client base, which it says has more than 700 funds. They were also in the top 10 in June, but each saw that short positioning grow. • July saw some nervousness about chipmakers and the AI trade, on investor concern about valuations and the