Can Anything Save Super Micro Computer?
Super Micro Computer(SMCI) The Motley Fool·2024-11-10 06:10
Following the last several months of challenges, management must act fast to win back investors.What is going on at Super Micro Computer (SMCI -3.77%)?Shares of the once high-flying artificial intelligence (AI) server company have collapsed after a growing scandal has enveloped the business.This timeline shows how the story has unfolded:Aug. 27: In a short-seller report, Hindenburg Research accuses the company of accounting manipulation, self-dealing, sanctions evasion, and channel stuffing. The stock plung ...