Super Micro: Stock Resilience Amid Scandals and Market Speculation
Super Micro Computer is facing challenges due to an auditing scandal and concerns over corporate governance, leading to a drop in its stock price. Despite these issues, J.P. Morgan analyst Samik Chatterjee maintains an underweight rating, noting positive aspects such as strong AI infrastructure demand and plans to expand production in Malaysia. The company aims to meet NASDAQ's financial report filing deadline to avoid delisting, while its stock has fallen significantly from its peak earlier this year.
