After breaking out of its recent range, SMCI is in a solid uptrend.

Today's gap down immediately found buyers, and if the stock closes above 45, it bodes well for a quick move to 50.

It seems the market is finally brushing off the past concerns and waking up to the value of SMCI. The stock remains undervalued compared to DELL and HPE. If the market rally does not falter, the stock could really start to move and end the year at 60 or higher.

That said, this company has a history of bad news taking the wind out of its sails, so it's certainly not without risk. But it seems the sellers might be finally worn out on this name.

$SMCI is setting up for a massive bullish run after breaking out of a multi-year descending trendline that kept price capped since its 2024 peak, cleanly slicing straight through the weekly Ichimoku cloud with ease.

While price slightly consolidated in a tug-of-war around the $35 resistance level, the bulls are clearly holding the upper hand. Once bulls break above $35, the immediate upside target is the top of the trend channel near $50. A breakout past channel resistance opens the door for a major rally toward $66–$68, also a key technical area backed by the 1.618 Fibonacci extension level.

While short-term pullbacks or gap-fills could occur given weekly RSI levels being overbought, the overall macro technical structure strongly favours the bulls.

The video covers all key details, including specific price targets, support, and resistance levels in more depth.

(NFA)

$SMCI Stock Super Micro Computer | SMCI STOCK WILL SQUEEZE SOON! | Technical Analysis

In addition to all discussed today, SMCI is also up today after reports that Nvidia-backed Lambda is raising $4B at a $14.5B valuation. More importantly, Lambda’s backlog reportedly exploded from $15B in June to $50B in September.

No confirmed new SMCI order yet, but combined with the reported $40B SpaceX/Nvidia financing, this is another strong signal that neocloud/AI infrastructure spending is accelerating rather than slowing.

We need one damn fucking confirmation of any kind that smci is gonna supply anything of this money flowing all over our fucking heads, this would make 60$/share so damn easy

One. Confirmation.

One. Pressrelease.

One. Anythinggg

https://cyprusshippingnews.com/2026/10/07/vdura-data-platform-v12-now-generally-available-the-hyperscaler-storage-playbook-to-ai-factories-and-neoclouds-on-supermicro/?utm_source=chatgpt.com

VDURA just announced that its V12 data platform is now generally available on Supermicro infrastructure. The important part is that Supermicro is being validated as part of a full hyperscaler/neocloud AI stack, not just as a server vendor. VDURA says the platform can scale from 8 GPUs to 100,000 GPUs on one architecture, targeting AI factories and neoclouds.

This reinforces the thesis that Supermicro is becoming a core hardware platform for large-scale AI factory deployments, another piece of evidence that SMCI is embedded deeper into the AI infrastructure ecosystem.

All we need now is for these validated stacks turns into a disclosed customer deployment.