What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
Super Micro Computer(SMCI) The Motley Fool·2024-11-04 06:30Amid fresh controversies and high-stakes allegations, Supermicro's stock is plummeting.Super Micro Computer's (SMCI -10.51%) stock is on fire -- and not in a good way. Shares of the artificial intelligence (AI) server maker fell off a cliff this week after its accounting firm, Ernst & Young (EY), announced it was resigning. Since the news broke on Tuesday, the stock is down more than 40%. So what is happening? A whole lot of speculation has been swirling, but let's get the facts straight and take a look at ...