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Super Micro Computer (NASDAQ:SMCI) has announced an amendment to its loan agreement with Cathay Bank that, among other things, extends the date by which the company is required to deliver its ...
Investors continued to bail on Supermicro stock after its auditor quit. The situation is highly unusual and comes after a short-seller attack and a delay in its 10-K filing. The company is set to ...
That’s the same conclusion Wall Street seems to have drawn about Super Micro Computer. The chip company—one of Nvidia’s biggest customers and once a darling of the AI boom—dropped more ...
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned out ...
Shares of Super Micro Computer (SMCI) fell an additional 15% on Thursday, trading at $28 per share, following the resignation of auditor Ernst & Young. Although the server company joined the S&P ...
Over the past five years, as the AI boom picked up steam before exploding post-ChatGPT, Super Micro’s shares soared over 3,000% and its reported revenue doubled to $7.12 billion, to earn it a glitzy ...
Super Micro Computer Inc.’s challenges are building with the resignation of the server maker’s accounting firm. The company disclosed Ernst & Young’s resignation in a Wednesday morning ...
Silicon Valley tech company Super Micro was supposed to be riding high: After flying under the radar for a quarter of a century, the company had ridden the coattails of the recent generative AI boom.