$NVIDIA(NVDA)$ Nice move after earnings. Key support looks to be around that 200 area. If it loses that level, this one could chop around for a while again. Key resistance is at 230. I'm bullish.
$Advanced Micro Devices(AMD)$ Bears can't win every day. We got a recovery to $16, now just $3 away from the high of day. That was the candle we needed. 12–15 months from now, patient long-term holders, or those who waited for this $140+ correction and kept buying, should be smiling.
$SUPER MICRO COMPUTER INC(SMCI)$ Dell is the bigger, safer company right now. But SMCI has far more upside if execution stays on track. SMCI's latest quarter: revenue of $11.1B, roughly 93% YoY growth, net income of $1.18B, and $60B+ in new orders during Q4. FY27 revenue guidance is $65–72B, with a forward P/E of roughly 8–9x. DELL, for comparison: revenue around $47B, roughly 58% YoY growth, an AI backlog near $95B, and a forward P/E of roughly 20–24x. What stands out to me is that SMCI is a fraction of Dell's size, yet booked roughly the same magnitude of new AI orders. Demand relative to SMCI's current revenue base is massive. Dell is already getting rewarded with a premium multiple, while SMCI is still priced like Wall Street expects some
$NVIDIA(NVDA)$ As long as AI spending and demand keep rising, Nvidia's stock price should keep moving higher with them. This is year four and counting.
INTC and NVDA have been moving in tandem, and the pattern looks pretty obvious to me. NVDA could slip back below 200 again soon, with INTC following it down toward the 70s. Meanwhile, AMD's strength should keep drawing in smart money, and it could push back up into the 500s. $Advanced Micro Devices(AMD)$ could even reach 600 not long after that.
$SUPER MICRO COMPUTER INC(SMCI)$ Bears better be paying attention this week. Dell reports earnings Tuesday, HPE reports Wednesday. Look at the forward P/E multiples here: SMCI around 8.6X, HPE around 13.4X, Dell around 24.6X. SMCI is one of the biggest pure-play beneficiaries of the AI server and GPU infrastructure buildout, and it is trading at roughly one-third of Dell's forward multiple. That valuation gap is getting ridiculous. If Dell and HPE come out this week talking about accelerating AI server demand, hyperscaler spending, GPU infrastructure, and continued data-center growth, Wall Street gets another confirmation that the AI infrastructure boom is far from over. SMCI has enormous exposure to exactly that spending. SMCI closed around
$NVIDIA(NVDA)$ looks like it could be setting up for a significant move. On the technical side, I'm keeping a close eye on the $214 support zone. If that level keeps holding, the next upside target I'm looking at is $224+. Nvidia's dominance in AI remains clear. Bloomberg reported the company is raising prices on servers powered by its AI chips by more than 15%, with the increases expected to affect systems shipping early next year, including those using the Vera Rubin and Grace Blackwell platforms. That kind of pricing power says a lot about demand strength. With Nvidia's Q2 FY2026 earnings scheduled for Wednesday, August 26, the setup gets more interesting. Strong technical support combined with a major earnings catalyst could create the c
$Advanced Micro Devices(AMD)$ Both AMD options I sold last week, calls and puts, are set to expire worthless. There's a particular feeling when you've collected all that premium and realize that by the end of the contract period, you've made bank. Still waiting on that sub $450 AMD price target.