Super Micro Falls 8% Amid Taiwan Raids
Taiwan prosecutors raided Super Micro's offices and six homes over alleged Nvidia chip smuggling into China, sending Super Micro, Albatron, and Chief Telecom shares tumbling.
Curtis Hernandez
super micro computer
Curtis Hernandez
Taiwan Raids Super Micro Over Nvidia Chip Smuggling
Taiwanese prosecutors raided Super Micro Computer and two other firms as a chip smuggling probe widened to nine suspects, sending shares tumbling and exposing gaps in Taiwan's export laws.
Douglas Turner
Super Micro Computer (SMCI): Time to Buy the Dip?
Super Micro Computer shares dropped 5.27% to $33.32 on June 21, pressured by a $7 billion equity offering and persistent margin concerns. Here's what the valuation, RSI and growth story…
Dean Porter