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Of the 120 AI stocks, 9 large-cap stocks are UP from 50% to 164% (an average of 77%) since the speculative frenzy began at the end of April and are now UP 161% YTD. This article list their performances in descending order, since the end of April, as follows:

1. Upstart Holdings (UPST): +164.0%
   • Sector: Financials
   • Short Interest: 35.0% - A high short interest signals that investors have become more bearish and may be getting ready to sell and, as such, that it may be time to liquidate a long position.
2. Super Micro Computer (SMCI): +146.6%
   • Sector: Information Technology
   • Short Interest: 11.6%
3. C3.ai (AI): +120.3%
   • Sector: Information Technology
   • Short Interest: 34.6%
4. Palantir (PLTR): + 97.9%
   • Sector: Information Technology
   • Short Interest: 7.7%
5. Advantest (ATEYY): + 82.4%
   • Sector: Information Technology
   • Short Interest: 0%
6. Tesla (TSLA): +66.9%
   • Sector: Consumer Discretionary
   • Short Interest: 3.6%
7. Symbotic (SYM): +55.0%
   • Sector: Industrials
   • Short Interest: 28.4%
8. Nvidia (NVDA): +53.1%
   • Sector: Information Technology
   • Short Interest: 1.2%
9. Marvell Technology (MRVL): +50.0%
   • Sector: Information Technology
   • Short Interest: 2.6%

A Comparison

• The above 9 stocks (Tier 1) were UP 2.7%, on average, last week, are now UP 77.1% since the end of April and UP 161.1% YTD.
• The Nasdaq was DOWN 0.9% last week, is only UP 10.5% since the end of April and is only UP 30.5% YTD.
• The next 9 highest performing AI stocks (Tier 2) have had returns ranging from 23.5% to 40%. On average, they were DOWN 1.8% last week, but remain UP 31.7% since the end of April and UP 49.1% YTD.
• The next 9 highest performing AI stocks (Tier 3) have had returns ranging from 17.9% to 23.1%. On average, they were DOWN 2.1% last week, but remain UP 19.8% since the end of April and UP 48.9% YTD.
• The 27 stocks referred to above were, cumulatively, DOWN 1.0% last week, are UP 34.2% since the end of April and are UP 64.2% YTD.
• The Global X Artificial Intelligence & Technology ETF (AIQ), which invests in 93 of the 120 AI companies, went DOWN 0.8% last week, is UP only 16.4% since the end of April, and is only UP 38.0% YTD.

Conclusion 

It is evident from the above that the top 9 AI (Tier 1) stocks continue in bubble mode (+2.7% last week) as compared to those in Tier 2 (-1.8%) and Tier 3 (-2.1%). Their performances will be closely monitored on a weekly basis as to further developments in the AI sector and be reported on TalkMarkets in future articles.

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