Reported about 19 hours ago
Super Micro Computer's stock has more than doubled in 2025 after recovering from a slump caused by accounting concerns. Founded in 1993, Super Micro produces energy-efficient servers that support AI technologies. Despite facing past regulatory issues and a recent report accusing it of accounting manipulation, the company is experiencing impressive sales growth, with an estimated increase of 54% in the second quarter of 2025. Investors remain cautious but optimistic, awaiting further updates on its financial stability before making investment decisions.
Source: YAHOO