Reported about 19 hours ago
Supermicro's stock has fluctuated dramatically this year, facing setbacks such as allegations of accounting manipulation and auditor resignations. Recently, the company appointed BDO as its new auditor and submitted a compliance plan to avoid delisting from Nasdaq, which led to a surge in its share price by over 30%. Despite facing scrutiny and past fines from the SEC, Supermicro continues to capitalize on the growing demand for AI infrastructure, making it an intriguing, albeit speculative, investment opportunity for risk-tolerant investors.
Source: YAHOO