Super Micro CEO Optimistic Despite Nasdaq Listing Delays
Originally Published 1 year ago — by Yahoo Finance
Super Micro Computer, a partner of NVIDIA, is facing stock volatility due to delayed financial reporting and compliance concerns, with an 8.7% drop in shares. CEO Charles Liang is optimistic about maintaining the company's Nasdaq listing by meeting the February 2025 deadline for overdue reports. The company has appointed BDO USA as its new auditor after Ernst & Young resigned over governance issues. Despite a special committee finding no misconduct, investor concerns persist. Super Micro's collaboration with NVIDIA aims to enhance its IT solutions with the NVIDIA Grace CPU Superchip.