Super Micro Computer pops 15% after special committee finds no 'evidence of misconduct'
Super Micro Computer(SMCI) CNBC·2024-12-02 15:23
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.Super Micro Computer surged more than 14% after a special committee ruled that it found "no evidence of misconduct" at the embattled AI server maker, and appointed a new chief accounting officer."The evidence reviewed by the Special Committee did not raise any substantial concerns about the integrity of Supermicro's senior management or Audit Committee, or their commitment to ensuring that the ...