Super Micro Computer (SMCI) experienced a strong rally from $19.48 in March to $51.40 in early June before entering a bearish correction that dropped the price to $28.61. The 50-day moving average has now turned into resistance near $32.26, and reclaiming this level could signal a bullish reversal. Further resistance lies between $35.81 and $36.51, including the 200-day moving average. If SMCI surpasses these levels, it may challenge its previous high again. On the downside, support levels are at $27.75 and $26.31, with the failure to hold the 61.8% Fibonacci retracement indicating the importance of finding new support for a sustained advance.
Super Micro Computer has expanded its Rear Door Heat Exchanger (RDHx) portfolio, enhancing its liquid cooling solutions for high-density AI and HPC data centers. The new lineup includes ten models with cooling capacities from 10kW to 120kW per rack, ...
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