Category: micro
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Super Micro Plunges as Prosecutor Reviews Accounting Claims
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(Bloomberg) — Super Micro Computer Inc. fell. The most in a month following a report that the US Justice Department was looking into a former employee’s claims that the server maker violated accounting rules, a few years after settling a bookkeeping case with the top financial regulator. Most read from…
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Super Micro Computer probed by DoJ
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Super Micro Computer (NASDAQ:SMCI), a major player in the artificial intelligence server industry, is under investigation by the U.S. Department of Justice, according to a report from The Wall Street Journal (WSJ). The investigation comes on the heels of a report by short-selling firm Hindenburg Research that raised concerns about…
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Super Micro delays annual filing to review internal controls, shares fall By Reuters
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(Reuters) – Super Micro Computer Inc (NASDAQ:SMIC) on Wednesday delayed filing its annual report and said it needed more time to evaluate the “effectiveness of internal controls” over its financial reporting, sending shares of the artificial intelligence server maker down 21%. The move comes a day after Hindenburg Research revealed…
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Super Micro stock ousts Walgreens in Nasdaq-100 (NASDAQ:SMCI)
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Odin Design supercomputerNASDAQ:SMCI) will join the Nasdaq 100 Index (NDX) before markets open on Monday, July 22, replacing drugstore chain Walgreens Boots Alliance (NASDAQ: WBANASDAQ (NDAQ) announced. The electronic stock market said in a statement issued late Friday: This super micro (SMCI), an AI server company, will also replace Deerfield,…
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Super Micro stock ousts Walgreens in Nasdaq-100 (NASDAQ:SMCI)
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Odin Design supercomputerNASDAQ:SMCI) will join the Nasdaq 100 Index (NDX) before markets open on Monday, July 22, replacing drugstore chain Walgreens Boots Alliance (NASDAQ: WBANASDAQ (NDAQ) announced. The electronic stock market said in a statement issued late Friday: This super micro (SMCI), an AI server company, will also replace Deerfield,…