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Super Micro Computer, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SMCI
Prnewswire· 2024-10-09 14:00
LOS ANGELES, Oct. 9, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Super Micro Computer, Inc. ("Super Micro" or "the Company") (NASDAQ: SMCI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of SMCI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointm ...
Super Micro Computer, Inc. Investor Alert (NASDAQ: SMCI): Schubert Jonckheer & Kolbe LLP Investigating Potential Shareholder Claims Amid U.S. Justice Department Probe and Delayed 10-K Annual Report Filing
Prnewswire· 2024-10-09 12:00
SAN FRANCISCO, Oct. 9, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Super Micro Computer, Inc. investors that the firm is investigating potential legal claims against the company's officers and directors following a recent bombshell investment analyst report revealing alleged wrongdoing, a U.S. Justice Department probe, and the company's delayed 10-K annual report filing. Current shareholders are encouraged to contact the firm. On August 27, 2024, investment analyst firm Hindenburg Research i ...
SMCI FRAUD NEWS: October 29 Class Action Deadline is Approaching; Super Micro Computer Investors that Lost Money are Notified to Contact BFA Law (Nasdaq:SMCI)
GlobeNewswire News Room· 2024-10-09 10:41
NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to ask ...
SMCI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Super Micro Computer, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2024-10-08 20:00
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Super Micro Computer, Inc. ("Super Micro" or "the Company") (NASDAQ: SMCI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...
Super Micro Computer Stock Volatile On 100K GPU Shipments: Can AI Hype Keep It Up?
Benzinga· 2024-10-08 18:48
Super Micro Computer Inc. SMCI has been riding the AI wave for some time, and its latest announcement sent the stock soaring again. Shares jumped 15% after the company revealed it's shipping over 100,000 GPUs per quarter, a figure that could translate into billions of dollars in potential revenue, with GPUs being the core hardware behind AI development and deployment. But while the stock got a short-term boost, questions about its sustainability loom large. It soon receded and was down by about 7% by 1:30 P ...
Super Micro Computer (SMCI) Shares Decline After New Liquid Cooling Solution Release
Gurufocus· 2024-10-08 14:31
Shares of Super Micro Computer (SMCI, Financial) fell over 5% to $45.27, following a significant 16% gain in the prior session. The decline comes amidst the company's announcement of its new comprehensive liquid cooling solution. This innovative technology features advanced components such as a coolant distribution unit, cold plate, coolant distribution manifold, cooling tower, and integrated management software. The liquid cooling solution is designed to optimize data center efficiency by reducing scale an ...
Supermicro Introduces New Versatile System Design for AI Delivering Optimization and Flexibility at the Edge
Prnewswire· 2024-10-08 13:05
New 3U Server Supports up to 18 GPUs and Features Dual Intel® Xeon® 6900 series processors with P-cores SAN JOSE, Calif., Oct. 8, 2024 /PRNewswire/ -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new, versatile, high-density infrastructure platform optimized for AI inferencing at the network edge. As companies seek to embrace complex large language models (LLM) in their daily operations, there is a need for new hardware capabl ...
Super Micro's Split: A Game-Changer or Risky Move for Investors?
MarketBeat· 2024-10-08 10:45
Super Micro Computer, Inc. NASDAQ: SMCI, a significant player in the high-performance computing industry, recently made a strategic move to broaden its investor base. The company implemented a 10-for-1 stock forward stock split, effective from October 1, 2024. This move, which reduced the share price from $419.74 to around $41.98, was not aimed at altering the company's intrinsic value but rather at attracting a wider range of investors. The question now arises: does SMCI, with its newly split shares, prese ...
Watch These Super Micro Computer Price Levels After Stock Surges 16%
Investopedia· 2024-10-08 03:15
Key Takeaways Shares in server maker Super Micro Computer soared 16% Monday after the company reported strong shipments of its GPUs, fueled by AI demand. Super Micro Computer shares formed two troughs at similar levels on the chart last month, raising the possibility of a double bottom, a classic chart pattern that signals a potential bullish reversal. Investors should watch key overhead price levels on Super Micro's chart around $48, $70, and $97.50, while monitoring important longer-term support near $35. ...
Super Micro Computer (SMCI) Faces Expanded Class Action - Hagens Berman
GlobeNewswire News Room· 2024-10-08 01:21
SAN FRANCISCO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Super Micro Computer Inc. (NASDAQ: SMCI) is facing a broadened securities class action lawsuit, alleging that the company and certain of its top executives engaged in a fraudulent scheme that inflated the company's stock price. Hagens Berman urges Super Micro Computer, Inc. (NASDAQ: SMCI) investors who suffered substantial losses to submit your losses now. Expanded Class Period: Feb. 2, 2021 – September 25, 2024 Lead Plaintiff Deadline for All Class Actions: ...