Super Micro Computer, Inc. Stock News

The chip maker's latest quarterly report will come later than hoped for.

AI server maker Super Micro Computer said on Wednesday it is unable to file its quarterly report on form 10-Q for the quarter ended Sept. 30, 2024 in a timely manner, amid its ongoing delay in filing an annual report.

Super Micro Computer is significantly undervalued due to highly likely exaggerated fears of accounting manipulations and the reported DOJ investigation, presenting a strong buying opportunity. Despite reputational challenges, SMCI's partnerships with NVIDIA and AMD affirm its credibility and operational integrity, bolstering confidence in its financial reports. Preliminary FQ1 2025 results show...

Successful hedge fund manager Israel Englander has been selling Palantir and buying Super Micro Computer.

Super Micro Computer faces significant risks, including auditor Ernst & Young's resignation, DOJ investigation, and potential Nasdaq delisting due to missed 10K filing deadlines. Despite some positive Q1 results, concerns over governance, questionable working capital developments, and decelerating growth make SMCI uncompelling at this time. The resignation of Ernst & Young and historical preced...

The company was included in the S&P 500 index this year.

Shares are collapsing over potential accounting irregularities.

The AI server maker faces a series of existential challenges.