In this article, we will list the 5 Worst Artificial Intelligence Stocks Under $30 According to Short Sellers. Please visit 10 Worst Artificial Intelligence Stocks Under $30 According to Short Sellers if you’d like to see an extended list and the methodology behind it.
5. Tempus AI Inc. (NASDAQ:TEM)
Tempus AI Inc. (NASDAQ:TEM) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.
During the first week of June, Tempus AI Inc. (NASDAQ:TEM) shared the impending clinical availability for its advanced sequencing test, xH. It detects oncologic targets within bone marrow and peripheral blood samples, based on whole-genome sequencing methodology. The company initially revealed the test for research purposes back in January 2025.
The xH test is utilized across various conditions such as myeloproliferative neoplasms (MPN), acute myeloid leukemia (AML), overlap syndromes (MDS/MPN), and myelodysplastic syndromes (MDS). It is also useful for various other functions, including therapeutic research, disease understanding, and biomarker discovery.
The test achieved analytical validation based on an evaluation of 235 specimens, which included cell lines, bone marrow, and whole blood. The validation exhibited a high level of statistical accuracy. It showed PPA of 92.86% for SVs, 93.43% for CNAs, and 97.29% for SNVs and Indels, against their respective benchmarks.
Chief Executive Officer Tom Schonherr highlighted how the company has realized its initial vision of developing xH to introduce a uniform whole-genome sequencing platform with the potential to transform hematologic oncology care. He stated:
“We’ve realized that vision by replacing multiple time-consuming diagnostic tests with a single, high-throughput whole-genome workflow that helps clinicians make faster, smarter decisions. At the same time, xH provides biopharma partners with a comprehensive multiomic foundation to improve clinical trial design, accelerate biomarker discovery, and support the development of next-generation targeted therapies.”
Tempus AI Inc. (NASDAQ:TEM) is a healthcare technology company that offers software tools such as the Tempus platform, Next, Algos, Lens, and Hub. The company offers diagnostic services, including solid tumor and hematologic testing through multiple assays. It also offers genetic tests focused on inherited conditions and clinical trial matching services.
4. Penguin Solutions Inc. (NASDAQ:PENG)
Penguin Solutions Inc. (NASDAQ:PENG) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.
On June 23, Penguin Solutions Inc. (NASDAQ:PENG) revealed that the company became an NVIDIA AI Factory Specialized Partner, which makes it a part of NVIDIA’s distinct network of solution providers. The company earned such a designation after undergoing NVIDIA’s rigorous criteria that involved training, solution, and competency requirements, as well as prior experience of operating a full-stack AI factory infrastructure.
Penguin’s President and CEO, Kash Shaikh, reflected on this development by acknowledging the company’s decade-long engagement with NVIDIA. This involved collaborative efforts towards delivering GPU-based services and AI factories for a range of end users, such as enterprises, neocloud providers, and hyperscalers. Shaikh stated:
“This designation validates Penguin’s deep capabilities to design, build, deploy, and operate full-stack AI factories at scale. As demand for AI infrastructure continues to accelerate, our customers are realizing meaningful business outcomes from their AI investments in competitive, fast-paced industries where success is increasingly determined by their ability to operationalize AI at scale with superior token economics.”
It is pertinent to mention that Penguin’s proprietary platform integrates various innovative offerings such as OriginAI, ClusterWareAI, ComputeAI, and MemoryAI. These enable users to expedite their AI adoption efforts in a highly streamlined and simplified manner.
Penguin Solutions Inc. (NASDAQ:PENG) builds and sells enterprise solutions worldwide. It offers Penguin Solutions OriginAI, Stratus, SMART Modular Technologies, Altus servers, flash memory, and Cree LED components. The company also offers AI solutions, supply chain services, high-performance computing, and firmware development.
3. TeraWulf Inc. (NASDAQ:WULF)
TeraWulf Inc. (NASDAQ:WULF) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.
Back on May 26, Terawulf Inc. (NASDAQ:WULF) revealed its strategic acquisition of a development site, The Muskie Data Campus, in Kentucky. This development has resulted in the expansion of the company’s existing hyperscale digital infrastructure portfolio to support the company’s large-scale high-performance computing operations.
The site was purchased from Industrial Equity Partners. This acquisition is an acknowledgment of the management’s ambitions to develop large-scale HPC and AI sites, which are characterized by community orientation, reliable infrastructure, and energy access. It is projected to facilitate data center capacity of over 1GW, with 500MW anticipated to begin during the latter half of 2028, while the remaining is scheduled for the second half of 2030.
The company also recognizes the regional economic implications associated with the Muskie Data Campus acquisition. It plans to collaborate with human development and educational bodies across the region, in that regard.
Terawulf’s Chairman and CEO, Paul Prager, believes that this move will further strengthen the company’s strategy of acquiring power-advantaged, hyperscale campuses, which are pivotal for managing advanced HPC operations. He stated:
“Muskie combines scalable power, robust transmission infrastructure, development readiness, and strategic regional positioning in a way that is increasingly difficult to replicate. The campus will be purpose-built around utility-scale infrastructure, including dedicated transmission investments and long-term power delivery planning designed specifically to support hyperscale AI workloads.”
Later, in mid-June, Bank of America Securities initiated its coverage of the stock, assigning a Buy rating and target price of $34. This results in almost 20% upside potential at the prevailing level.
Terawulf Inc. (NASDAQ:WULF) is a digital asset technology company that is heavily involved in bitcoin mining operations and high-performance computing. With sustainability at its core, the company operates energy-efficient data centers that use 90% zero-carbon energy for mining.
2. Bitdeer Technologies Group (NASDAQ:BTDR)
Bitdeer Technologies Group (NASDAQ:BTDR) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.
On June 18, Bitdeer Technologies Group (NASDAQ:BTDR) shared updates around its unaudited results for the month of May. The company remained focused on its AI infrastructure platform through persistent execution during the month. It reported a roughly $69 million annual run rate for AI Cloud, which represents GPU utilization of around 90%.
The management highlighted that its enterprise-grade functions also strengthened during May amid the availability of Nemotron 3 and the rollout of the GB300 NVL72 cluster. The company’s CFO, Michael G. Potter, shared progress relating to Tydal, Norway, to reflect on the company’s ambitions toward long-term contractual revenue streams across its global portfolio. Potter stated:
“Tydal, Norway is in advanced stages of negotiations, representing the most visible proof point of our strategy to convert owned power into long-duration contracted revenue across our 3.0 GW global portfolio.”
Potter further highlighted that the company recorded 921 BTC of bitcoin production during the month, which translates into a 370% growth on a YoY basis. The company also reported 70.2 EH/s in self-mining hashrate, which reflects favorably on its resilient mining platform.
Bitdeer Technologies Group (NASDAQ:BTDR) offers bitcoin mining capabilities across the entire lifecycle, including self-mining and services for external customers. For self-mining, the company has been effectively utilizing SEALMINER rigs to expand its hashrate. Apart from that, the company also designs chips and operates data centers.
1. Applied Digital Corp. (NASDAQ:APLD)
Applied Digital Corp. (NASDAQ:APLD) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.
On June 23, Applied Digital Corp. (NASDAQ:APLD) finalized an electric service agreement with MDU Resources Group for power supply to a North Dakota-based AI factory, Polaris Forge 3. For this factory to operate at full capacity, 430MW of electricity is needed. The operations are projected to begin sometime in August next year.
As per the agreement, Applied Digital will incur all costs associated with buying the energy, which could be done either through power supply agreements or direct market purchasing.
In terms of strategic significance, the Polaris Forge 3 factory will enable Applied Digital to magnify its footprint across North Dakota. The company is currently engaged in building purpose-built sites in the region to facilitate high-density AI workloads. CEO and Chairman Wes Cummins also emphasized the importance of this site to the company’s ambitions for reliable AI infrastructure. He further stated:
“This campus is expected to create approximately 200 full-time jobs, generate meaningful property tax revenue and support long-term growth across Oliver County and the surrounding region. We believe AI infrastructure should create value well beyond the campus, and we’re proud to continue building in North Dakota.”
Applied Digital Corp. (NASDAQ:APLD) is a designer and operator of digital infrastructure solutions for the AI sector and high-performance computing (HPC). Its product offerings include infrastructure services to crypto mining clients, along with GPU computing solutions. Additionally, it is also involved in managing data centers to support HPC applications.
While we acknowledge the potential of APLD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APLD and that has 100x upside potential, check out our report about the cheapest AI stock.
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