The Super Micro Computer Co-Founder Faces New Chip Smuggling Charges. Does That Actually Matter for SMCI Stock?

While this was not the company's first tryst with falling foul of export restrictions, recent years have been particularly debilitating in terms of adverse issues. Delisting from Nasdaq in 2018 and being accused of accounting manipulations by the SEC in 2020 were some of its earlier problems; 2024 was the nadir. A scathing report from short-seller Hindenburg Research in August was followed by a Justice Department investigation in September, culminating in its auditor, Ernst & Young, resigning, citing transp ...