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For years now, short sellers on Wall Street have treated semiconductor stocks like a dangerous game of timing. These investors bet against companies by borrowing shares and selling them, hoping prices fall so they can buy them back cheaper later. When chip stocks stumble, short sellers see opportunity. When AI excitement takes over, they often get burned. Right now, semiconductor stocks, like Qualcomm (QCOM) are right at the center of it again.
QCOM stock was pressured in 2026 amid weak smartphone demand, a global memory glut, and a cautious near-term outlook. But it recently swung from as low as $122 last month to as high as $247.90 this month. That’s still more than a 100% swing in a short span. So, is this real long-term momentum, or just another sharp rally that fades again?
