Based on the chaos theory, an idea is put forward to analyze the short circuit Gas Metal Arc Welding (GMAW-S) process. The theory of phase space reconstruction and related algorithms such as mutual information and so on, are applied to analyze the chaos of the GMAW-S process. The largest Lyapunov exponents of some current time series are calculated, and the results indicate that chaos exists in the GMAW-S process. The research of the chaos in the GMAW-S process can be help to get new knowledge of the process.