Why Super Micro Computer (SMCI) stock price is surging

Super Micro Computer was poised to be one of the better-performing semiconductor plays of last year. Then, in August, now-defunct short-selling activist group Hindenburg Research released a scathing report, which alleged widespread accounting malpractice at the company.In the aftermath, the business delayed the filing of crucial reports, and its auditor, Ernst & Young (EY) resigned. Unsurprisingly, Super Micro Computer stock (NASDAQ: SMCI) plummeted to a low of just $18.The road to recovery has been quite l ...