Super Micro Computer Hit With Securities Fraud Lawsuit Amid Alleged China Sales Cover-Up And Nvidia Chip Smuggling Scandal

Super Micro Computer is facing a class-action lawsuit. The server maker is accused of misleading investors about exposure to China and compliance risks tied to the sale of export-controlled Nvidia Corp. chips. Investors Allege Hidden China Sales And Compliance Failures On Wednesday, shareholders claimed SMCI overstated its growth prospects by failing to disclose that a significant portion of its server sales were linked to China, potentially in violation of U.S. export controls, Reuters reported. Don't Mis ...