Mentioned
Super Micro Computer, Inc
SMCI
-3.70 (-8.41%)
39.86
39.90
NVIDIA Corporation
NVDA
-0.9300 (-0.45%)
207.50
207.62
Marios Valiandes
Marios Valiandes
Cyprus
3mo
Edited
🚨 $SMCI (Super Micro Computer, Inc) Update: Fresh Indictment News – But Hold Up! Three individuals (including a board member) were indicted for alleged export control violations - Shipping $NVDA (NVIDIA Corporation) chips/gpu to CHINA. Important: Super Micro Computer (SMCI) itself is NOT named as a defendant in the case! The company acted swiftly: placed the two employees on leave, terminated the contractor immediately, and stated the alleged conduct violates their policies & compliance program. They're cooperating fully. Stock dipped on the headline (~$27 area now), but this feels like isolated individual actions rather than a company-wide issue. AI server demand still strong long-term! πŸ’ͺπŸ“ˆ This might be bullish for $NVDA as it shows how much china wants these chips. Also could be a good long term entry for SMCI. What do you think – dip buy opportunity or wait for more clarity? πŸ€”
Not investment advice. The author may have financial interests in the mentioned instruments.
2 Mentioned
Super Micro Computer, Inc
SMCI
Super Micro Computer, Inc
NVIDIA Corporation
NVDA
NVIDIA Corporation
5 replies
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