AI data center infrastructure firm Super Micro Computer (SMCI) received tens of billions of dollars in new orders in the last three months, driving its stock price up close to 20%, according to The Kobeissi Letter. The massive order influx reflects explosive demand in artificial intelligence infrastructure, with revenue now expected to nearly quintuple compared to the same period last year. The surge occurs as bearish bets on US stocks reach near-record levels, with short interest metrics climbing steadily since the start of 2025.
Super Micro Computer Receives $60 Billion in New Orders
Super Micro Computer reported receiving tens of billions of dollars in new orders during the last three months, according to The Kobeissi Letter. The order volume points to explosive demand in artificial intelligence infrastructure. Revenue is now expected to nearly quintuple compared to the same period last year, underscoring rapid expansion in the AI data center sector.
Short Interest in US Stocks Reaches Near-Record Levels
Bearish bets on US stocks are surging, according to The Kobeissi Letter. Short interest in the S&P 500 is up to approximately 3.7% of its free float, near the highest in data going back to 2010. Short interest in the Russell 3000 is up to approximately 6.1%, also near an all-time high. Both metrics have steadily increased since the start of 2025.
Short interest across all NYSE-listed stocks rose to a record 9.0% of shares outstanding in late June, according to The Kobeissi Letter. By comparison, this metric peaked at approximately 5.0% during the 2008 Financial Crisis and approximately 6.0% during the 2020 pandemic.
Short Squeeze Potential Identified by Market Analysts
The surging short interest suggests that the market is primed for a short squeeze, according to The Kobeissi Letter. A short squeeze happens when stock prices abruptly surge, forcing those who made bearish bets to buy back shares simultaneously to close their positions, fueling further rallies.
FAQ
What new orders did Super Micro Computer receive in the last three months?
Super Micro Computer received tens of billions of dollars in new orders in the last three months, according to The Kobeissi Letter. The order volume reflects explosive demand in artificial intelligence infrastructure, with revenue expected to nearly quintuple compared to the same period last year.
How high is short interest in US stocks?
Short interest in the S&P 500 is up to approximately 3.7% of its free float, near the highest since 2010, according to The Kobeissi Letter. Short interest in the Russell 3000 is up to approximately 6.1%, near an all-time high. Short interest across all NYSE-listed stocks reached a record 9.0% of shares outstanding in late June.
What is a short squeeze?
A short squeeze happens when stock prices abruptly surge, forcing those who made bearish bets to buy back shares simultaneously to close their positions, fueling further rallies, according to The Kobeissi Letter.
