Just in case equity bulls didn’t’ have enough good news, Super Micro (SMCI) announced after the close on Monday, and it did not disappoint:
![](https://slopeofhope.com/wp-content/uploads/2024/01/SMCI-640x356.png)
Which, in turn, is flowing into all the other semi stocks after hours, like the king Nvidia:
![](https://slopeofhope.com/wp-content/uploads/2024/01/NVDANVDA-640x468.png)
SMCI’s success after its basing action has been incredible.
![](https://slopeofhope.com/wp-content/uploads/2024/01/slopechart_SMCI-640x336.jpg)