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As Super Micro gains traction in the server market by deploying over 100,000 GPUs for AI, spending has surged by 64.1% in Q2 2024. However, concerns arise due to ongoing investigations into alleged accounting manipulation, causing a significant drop in the company's stock values this year. Analyst Stephen Guilfoyle highlights the uncertainty surrounding Super Micro as it navigates between promising quarterly forecasts and financial scrutiny.
Source: YAHOO