WED 5/28: SMCI – Trading +3% Higher in the Aftermarket on NVDA Earnings

6:12 PM – SMCI is trading roughly +3% higher in the aftermarket session following NVIDIA’s blockbuster earnings report, which easily beat expectations and reaffirmed strong AI infrastructure demand.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

NVIDIA posted $44.1 billion in revenue, up 69% year-over-year, and raised forward guidance despite ongoing China chip restrictions. As a key AI server supplier, SMCI is reacting positively in sympathy, reflecting its strategic tie to NVIDIA’s growth trajectory.

We’ll watch closely to see if this strength carries over into tomorrow’s regular session. A strong open and follow-through move could put SMCI back above key short-term levels, including the 10 DMA.

📲 Members will be updated pre-market if a new setup or technical move emerges.

WED 5/28: SMCI – Could Move Sharply on NVDA Earnings — Decision Time Before the Close

10:19 AM – As we head into NVDA’s earnings release after the close today, SMCI is holding firm just below its 10 DMA. While SMCI hasn’t made a major move yet this week, that could change quickly depending on how NVDA reports.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

Holders of SMCI must decide before today’s close — ride out the potential volatility, or step aside and sell.

We’ll be watching closely and may act quickly if the reaction creates any significate movement.

If NVDA delivers strong results and raises guidance, SMCI could trade higher tomorrow on renewed AI optimism. But a miss — or even just lukewarm forward guidance — could trigger a broad pullback in AI-related names, and SMCI may get dragged lower, regardless of its own fundamentals.

SMCI has been hovering just under its 10 DMA, and any NVDA-related move could spark a decisive breakout — or breakdown — from here.

📊 Risk is elevated going into the report.

💬 No action is also a choice — but it must be intentional.

Members should decide before today’s close whether they want to:

  • Hold for potential upside tied to NVDA’s results

  • Sell to avoid overnight risk and reassess post-earnings

  • Trim the position partially to manage exposure