Thinking of Buying Super Micro Computer Stock? 3 Things You Should Know


5 days ago 20

Super Micro Computer (NASDAQ: SMCI), the AI server maker, has taken investors on a wild ride over the last three months.

The company's troubles began with a short-seller report from Hindenburg Research at the end of August, alleging a wide range of accounting irregularities. That was shortly followed by a delay in the filing of its 10-K, and in September the Department of Justice reportedly opened up an investigation into the company. It also received a delisting warning from the Nasdaq stock exchange. Last month, the company's troubles reached a fever pitch when its auditor, Ernst & Young, resigned, and it also delayed its first-quarter 10-Q filing. It released preliminary fir...

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