EP9 SOS at the Close: $AMD, $HPE, $NBIS, 1 AI Supply Chain
Yesterday's final bar put 3 stocks on the Breakouts Happen EP9 SOS scanner. Read in order, they follow the same capital through the AI buildout: the chip, the system that houses it, the cloud that rents it.
$AMD closed at $649.42, up 2.80%, after a new 52-week high at $658.52. Lisa Su told Reuters that AMD will "substantially" increase supply in 2027. Citi raised its target to $800 from $575, citing Meta's Muse as a new demand source. Stifel moved to $700 a day earlier. On the chart, the stock left a 3-month base between $450 and $600 in late September and spent 2 weeks in a tight flag above $600. The signal printed on the exit. AMD is now a $1 trillion company with an RSI of 83, and it reports on November 3.
$HPE is where AMD's chips go. On September 30, HPE landed its first order for AMD's Helios rack system, a $1.2 billion deal with Vultr, and raised its FY27 networking growth view to high teens to low 20s. 7 brokers lifted their targets the next day, with Citi the highest at $92, and Daiwa upgraded to Outperform. The stock had spent 4 months below the $64 high of its June earnings gap. It now closes at a record $70.56, up 14.62% in 5 sessions.
$NBIS is the cloud that rents the capacity, and the stock with the most ground to make up. It rose 7.44% to $249.87 on an inference deal, on volume 1.43x its average. That came after the Inferize acquisition, a data center capacity contract with AIB, and repeated price hikes on compute that pushed BNP Paribas to upgrade with a $399 target. The stock broke the descending line from its August high in late September and has been compressing between $230 and $245 since then. It still trades 17% below its $299.86 high. Earnings land on November 10.
The 3 signals came on the same close, but not in the same place. $AMD and $HPE are at record highs with an RSI above 80. $NBIS is just leaving a range. Both earnings dates fall within the 3 to 5 day horizon of the setup.