Welcome back. Getting some new details about Apple's plans to expand US manufacturing. Mackenzie Seagull has that for us.Mackenzie. Hey Sarah. So, Apple's announcing a significant expansion of its American manufacturing program this morning, bringing four new partners, Bosch, Cirrus Logic, TDK, and Unity Electronics into its domestic supply chain.They'll manufacture parts in the US for Apple products sold worldwide with Apple planning to invest $400 million in the new programs through 2030. CEO Tim Cook fra ...

The Zacks Computer – Micro Computers industry players like Dell Technologies (DELL) and One Stop Systems (OSS) are benefiting from steady demand for enterprise devices, including laptops, tablets and smartphones. The improving availability of 5G-enabled smartphones has been a key catalyst for industry participants. The launch of foldable and artificial intelligence (AI) and machine learning-infused smartphones, tablets, wearables, hearables and PCs is a major growth driver for industry participants. However ...

Key Takeaways SMCI and TTMI aim to capitalize on rapid AI infrastructure market growth.SMCI drives AI servers but faces inventory surge, AI reliance and export scrutiny risks.TTMI benefits from PCB demand growth, strong data center sales and diversified end markets.Super Micro Computer (SMCI) and TTM Technologies (TTMI) are strongly placed to capitalize on the rapidly expanding AI infrastructure market. While SMCI provides servers, storage, cooling and modular data center components to run AI workloads, TTM ...

Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, recently suffered a major setback after federal agents arrested its co-founder and board member, Yih-Shyan "Wally" Liaw. Liaw was accused of violating U.S. export controls by smuggling equipment loaded with Nvidia's (NASDAQ: NVDA) AI chips into China in a scheme that generated $2.5 billion in sales since 2024. The indictment alleges that Liaw, along with a general manager and contractor, used a Southeast Asian company as a middleman to send the ...

Bank of America (BAC) has raised its price target on Dell Technologies (DELL) even though the shares are currently trading near an all-time high. Wamsi Mohan, a top five-star rated analyst, writes in a note to clients that Dell will continue to benefit from “very robust” demand for artificial intelligence (A.I.) servers during an Asia supply-chain review. Bank of America remains bullish on DELL stock, saying the company’s $50 billion fiscal 2027 A.I.-server revenue guide “could end up conservative.” As a ...

Super Micro Computer Jumps 5% Monday: What the Federal Charges Mean for SMCI Investors - 24/7 Wall St. S&P 5006,607.50 +0.95% Dow Jones46,380.00 +1.17% Nasdaq 10024,265.00 +1.00% Russell 20002,499.33 +1.98% FTSE 1009,936.10 +0.92% Nikkei 22553,140.50 +3.52% Stock Market Live March 23, 2026: S&P 500 (SPY) Soars on Trump Announcement Investing Super Micro Computer Jumps 5% Monday: What the Federal Charges Mean for SMCI Investors By David MoadelPublished Mar 23, 12:02PM EDT Quick Read Super Micro Computer (SMC ...

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 ...

Core Insights - Super Micro Computer's stock has dropped 27% following federal charges against its co-founders for a $2.5 billion smuggling scheme involving banned AI GPUs and servers to China [1][2] - The indictment alleges violations of export controls, with high-performance hardware routed through Southeast Asian shell companies [2] - The scandal raises concerns about SMCI's governance and long-term viability, especially in light of past accounting violations [6] Alleged Smuggling Operation - The smuggling operation reportedly ran from 2024 to 2025, involving significant orders for SMCI servers that contained restricted chips [5] - At least $510 million worth of servers were sent to China as part of the broader $2.5 billion scheme [6] - SMCI has placed the individuals involved on leave and severed ties with the contractor, although the company itself has not been charged [6] Competitive Landscape - The smuggling allegations may benefit Dell Technologies, positioning it as a key competitor in the AI server market [3][7] - Dell has rapidly gained market share, leveraging its global supply chain and enterprise relationships to compete against SMCI and other players [7] - The shift in business dynamics could lead to significant opportunities for Dell as it captures share from various AI projects and hyperscalers [7]

Core Viewpoint - Dell Technologies experienced a significant stock price increase due to legal issues faced by rival Super Micro Computer, which may lead to a shift in customer preferences towards Dell's offerings [1][3]. Group 1: Stock Performance - Dell's stock surged approximately 8.4% before closing the day up 2.2% [1] - The stock's initial rise was influenced by the arrest of Super Micro's co-founder on federal charges [1] - Despite the initial gains, Dell's stock could not escape the broader market decline, with the S&P 500 falling 1.6% and the Nasdaq Composite losing 2.1% [1] Group 2: Company Fundamentals - Dell's AI server revenue reached $9 billion last quarter, reflecting a year-over-year increase of 342% [5] - The company has a substantial backlog in the dozens of billions, indicating strong demand for its products [5] - Dell's gross margin stands at 19.97%, and it has a dividend yield of 1.34% [2] Group 3: Competitive Landscape - The legal troubles of Super Micro, which involve allegations of smuggling $2.5 billion worth of AI servers to China, may drive its customers to consider Dell as an alternative [3][4] - Both Dell and Super Micro compete in the AI server market, specifically utilizing Nvidia chips [4] - Super Micro's stock plummeted by 33.3% following the news of the legal charges against its co-founder [3]

Core Viewpoint - Super Micro's shares plummeted 33% following charges against its co-founder and two others for allegedly smuggling billions of dollars worth of AI technology to China, although the company itself was not named as a defendant in the case [1][4]. Group 1: Legal Issues - The US Justice Department charged Super Micro co-founder Yih-Shyan Liaw, sales manager Ruei-Tsang Chang, and contractor Ting-Wei Sun with smuggling US-made servers through Taiwan to Southeast Asia, where they were repackaged and sent to China [4]. - The alleged scheme involved moving at least $2.5 billion in US AI technology, with over half a billion dollars shipped between April and mid-May 2025 [5]. Group 2: Financial Impact - Analysts at Melius Research indicated that Super Micro's revenue could face "enormous" risks as customers reassess their supplier exposure, with Dell being seen as the primary beneficiary due to its scale and closer ties with Nvidia [2]. - Super Micro's valuation peaked at $67 billion in 2024 due to soaring demand for AI chips, but has since declined due to margin pressures and allegations from a short-seller [7]. Group 3: Company Response - In response to the charges, Super Micro has placed the implicated employees on leave and terminated its relationship with the contractor involved [5]. - The company confirmed its cooperation with investigators and clarified that it was not named as a defendant in the legal complaint [1].