Reported 2 days ago
Super Micro Computer (SMCI) shares surged over 16% after the company submitted its overdue financial reports, easing delisting fears from Nasdaq. The San Jose-based firm reported its fiscal year-end and quarterly earnings, with CEO Charles Liang highlighting investments in talent to enhance its Data Center Building Block Solution. This follows a strong performance in 2024, despite earlier turmoil caused by accusations of accounting irregularities. Currently, SMCI's stock is up 76% this year, reflecting positive investor sentiment.
Source: YAHOO