With its shares to date more than doubling, Super micro computer (NASDAQ: SMCI) He is deducted from the crisis caused by uncertainty about his accounting practices. But is this recovery of snowflakes or the beginning of a new running? Let’s dig deeper to determine what 2025 could have in accordance with this hardware company for artificial intelligence (AI).
Founded in 1993, the Super Micro Computer has long been one of the most prominent hardware server manufacturers and the Silicon Valley data center. However, the shares collapsed in relative ambiguity, with sections practically straight from 2015 to 2021, until the appearance of Chatgpt 2022 was triggered by an epic sentence to maximum of $ 119 at the beginning of 2024.
Supermicro, as is also known, helps to turn graphic units (GPU) created by chips manufacturers like Nvidia and Advanced micro devices to computer servers that are saved for use. She specializes in energy -efficient designs who could save money to clients while running and training AI algorithms.
This role of intermediaries allows a company to indirectly use innovation of its partners in chip design and enjoys explosive operational growth.
Supermicro’s Bull Run was already standing until mid-2024, but the fall came to the head in August, when a well-known short-term study of Hindenburg published a terrible report that accused him of accounting manipulation, sanctions on other serious offenses.
Shortly thereafter, Supermicro delayed the submission of his annual report for the Fiscal Year in 2024, and his former auditor Ernst & Young gave resignation, stating an unpreparedness to be associated with his financial statements.
Where there is smoke, it is often fire, and this was a lot of smoke. Furthermore, the company has a history of regulatory problems. 20000., Securities Finally fined $ 17.5 million for accounting violations. In 2018, shares were dropped from Nasdaq exchange due to the interruption of financial reporting.
Investors were afraid that the latest application delay could cause supermicro to be re -abolished, which could harm the shares of the shares, making shares less current and scared more institutional customers.
However, it is increasingly likely that this will not be the case. The administration believes that they will be able to submit its delayed financial reports by February 25 and repeat the claim that neither of its previous applications will need to restart.
This update is a huge positive sign for Supermicro, as it suggests that fear of accounting scandal can be overwhelmed, diverting attention to the excellent surgery of the company.
