Super Micro’s Stock Surges 65.43%, Amid $1B–$4B AI Revenue

Super Micro Computer Inc. is now counted as a very important player in AI infrastructure markets, especially in GPU shipments and the creation of cooling systems. The prices of the high-end AI GPUs in the market today cost from $10,000 to $40,000; therefore, Super Micro’s figures may vary between $1 billion and $4 billion according to their quarterly GPU shipment volumes. 

This upcoming income is quite motivating if we consider that the company’s stock has been impressive, with a 65.43% increase in its yearly price, indicating its robust growth trajectory and investors’ trust in the company.

Advanced Cooling Solutions and 100,000 GPUs Deployed

The company’s cooling technologies improvements significantly affect its market position. According to CEO Charles Liang, using this solution to cool down not only helps the AI factories save money but they also achieve a high level of performance. 

Super Micro has successfully used its liquid cooling solution in more than 100,000 GPUs at some of the biggest AI facilitators worldwide, showcasing its capability to fulfil the soaring demand for efficient AI infrastructure.

Super Micro Stock Plummets 22%

The company’s stock plunged by 22% in August following a short-sellers report from Hindenburg Research that accused Super Micro of manipulation. The case brought many serious questions, such as “accounting red flags” and undeclared transactions between related parties, which became questionable of the company’s financial practices. Super Micro also faced a setback in May when it reported third-quarter revenues of $3.85 billion, falling $0.1 billion short of analysts’ predictions. This was the time that the company had again doubled their revenue from the year before.

Super Micro Computer Inc. displays a strong future in the delivery of CPUs and coolers that they make more powerful. However, they will not miss facing inquiries about recent misconducts and at the same time, firms must consistently show good results to investors in order to win their loyalty and make profits in the prosperous AI market.

Super Micro Computer Stock Chart Analysis

SMCI/USD Stock Chart

Super Micro Computer, Inc. (NASDAQ: SMCI) has been moving fast for stock markets recently, just as we can tell from the 15-minute chart. When it was around $41 on October 2, there were some tiny fluctuations, but it really started taking off on the 7th. We witnessed a rise in the stock from around $41 to its peak at $48.40 because of the very noticeable and high trading volume, which signalled a strong buying breakout.

Although SMCI rose to $48, it could not maintain the momentum at that level and thus saw a marginal pullback. Now, it is trading at $47.76, which is a decrease of 0.58% for the day. Yet the long-term picture still looks bullish, owing to the support delivered from the recent bounce.

The substantial trading volume of 786.55K indicates a higher degree of interest; thus, the expected source of volatility in the market is said to be increasing. Monitoring if SMCI could succeed at $48.40 or stay in the $47-$48 gap will be interesting. The stock could receive a boost at $45 and a breakthrough of $48.40. 

The first step is to pay attention to Super Micro Computer, Inc. (SMCI) stock. Whether you are a day trader or an investor who keeps stocks for a longer period, trying to get in at a better price should be done under a watch of the price action and the volume!

ProShares UltraPro QQQ (TQQQ) Stock Chart Analysis

TQQQ/USD ETF Chart

While analysing the ProShares UltraPro QQQ (NASDAQ: TQQQ)  on a 15-minute chart, we can see the ETF’s recent session range between $69.15 and $69.90, the price played between the two ends in the last session. Currently, it’s sitting at $69.57 and has gained 0.45% (+0.31 points), showing a modestly high behaviour. The chart is the reflected view of the period with high volatility over the last couple of days.

At the beginning of the session, we spotted a remarkable volume growth that was squiggly in nature, i.e., very unsteady trading. Several steep upward moves were seen, but there was also a sharp adjustment from the benchmark near $72, which made the markets hazardous. At the chart end, we can find some stabilisation very close to $70, with attempts to go up.

It is noteworthy, in addition, that trading volume is likely to rise when prices fall. 

In our point of view, in case TQQQ stays above the $69 support level, it may be a short-term buying opportunity. But if it weakens, we will probably see downside risks as well. All in all, the chart portrays market uncertainty, particularly on tech-focused assets like TQQQ.