SMCI stock hit a new all-time high of $206.86, gaining 23.41% in one session and 149% YTD. Despite strong momentum, RSI at 87 signals overbought conditions. Key support at $170.
SMCI stock surged 23.41% to close at $206.86, setting a new all-time high. The company partnered with Applied Digital for AI cloud services and launched new liquid cooling technologies. Technical indicators show strong bullish momentum but RSI in overbought zone suggests possible pullback.
On June 10 in New York, all three major US equity indexes closed near session lows. The Dow fell below 50,000, while a 4.2% CPI reading, renewed US-Iran tensions and mounting AI financing pressure weighed on tech and semiconductor shares. Oracle’s strong Q4 report failed to prevent an after-hours drop as investors focused on cash flow and fresh funding needs.
