NVIDIA’s Major Customer – Super Micro Computer (SMCI) – Plunges As Its Accounting Firm Resigns After Citing Concerns Around A “Commitment To Integrity And Ethical Values” ...Middle East

Super Micro Computer (SMCI), a retailer of high-performance servers and liquid-cooled AI racks, has remained in the spotlight ever since Hindenburg Research published its damning report against the company back in August, prompting SMCI to then delay the filing of the requisite annual report, presumably in a bid to undertake a comprehensive internal review. Now, however, Super Micro Computer appears perilously close to a maelstrom, given that its accounting firm has resigned, and the requisite annual report has yet to be filed. New 8-K from $SMCI today Down 25% on the news On October 24, 2024, Ernst & Young LLP […]

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