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Super Micro Computer Inc (SMCI) News

Super Micro Computer Inc (SMCI)

41.14

-0.67

(-1.60%)

At close: December 05 4:00PM

Delayed by 15 minutes

41.27

0.13

( 0.32% )

After Hours: 4:33PM

Delayed by 15 minutes

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Form 8-K - Current report

Supermicro Announces Completion of Review by Independent Special Committee

Special Committee, supported by outside counsel Cooley LLP and forensic accounting firm Secretariat Advisors, LLC, finds no evidence of...

Form 8-K - Current report

Nvidia Earnings and Futures Point to Higher Open Amid Market Recovery

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to extend...

Form 8-K - Current report

Super Micro Computer Inc. Nasdaq Non-Compliance Update

As previously announced, Super Micro Computer, Inc. (Nasdaq:SMCI) (“SMCI” or the “Company”), a Total IT Solution Provider for AI, Cloud, Storage...

Nvidia Earnings In Focus On Wall Street

The major U.S. index futures are currently pointing to initial strength on Wednesday, with stocks likely to...

U.S. Stocks Recover From Early Pullback To Close Mostly Higher

Stocks moved to the downside early in the session on Tuesday but showed a significant rebound over the course...

Escalating Tensions With Russia May Lead To Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move...

Supermicro Showcases Largest Portfolio of HPC-Optimized Multi-Node Systems at SuperComputing 2024

Supermicro Showcases Largest Portfolio of HPC-Optimized Multi-Node Systems at SuperComputing 2024 PR...

Form 8-K - Current report

Supermicro Announces Appointment of BDO USA as Independent Auditor and Filing of Compliance Plan with Nasdaq

Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced today that the Audit...

Nasdaq, S&P 500 Regain Ground But Dow Closes Modestly Lower

Following the sell-off seen during last Friday’s session, stocks moved back to the upside during trading...

Supermicro Delivers Direct-Liquid-Optimized NVIDIA Blackwell Solutions

Supermicro Delivers Direct-Liquid-Optimized NVIDIA Blackwell Solutions PR Newswire SAN JOSE, Calif and...

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littlejohn

littlejohn 4 hours ago

SMCI...go, cat, go...

SMCI headed to Memphis...

https://hoodline.com/2024/12/elon-musk-s-xai-to-expand-colossus-supercomputer-boosting-memphis-as-emerging-ai-hub/

so we watch...LJ

koolmc

koolmc 7 hours ago

not even looking at the daily action here, got stops though jic lol, gl.

dinogreeves

dinogreeves 16 hours ago

https://zaman.co.at/en/news/could-smci-redefine-gaming-a-glimpse-into-the-future-of-graphics/1158016/#google_vignette

dinogreeves

dinogreeves 17 hours ago

If numbers are not cooked and verified by the new auditor, Ernst and Young will be having a lot of issues. They are also working with Dell, something tells me, had nothing to do with numbers being cooked.

dinogreeves

dinogreeves 17 hours ago

dinogreeves

dinogreeves 17 hours ago

The stage will be lit with Nasdaq extension. Where is Little John (My favorite) and I mean that sincerely?

dinogreeves

dinogreeves 17 hours ago

At 60 dollars things will get very interesting. Short covering will start upwards of 60 dollars.

dinogreeves

dinogreeves 17 hours ago

JP Morgan is an arse wipe.

https://www.cnbc.com/2024/03/14/jpmorgan-to-pay-nearly-350-million-in-penalties-for-inadequate-trade-reporting-.htmlhttps://www.cnbc.com/2024/03/14/jpmorgan-to-pay-nearly-350-million-in-penalties-for-inadequate-trade-reporting-.html

dinogreeves

dinogreeves 17 hours ago

https://www.tradingview.com/news/11thestate:de8c98c55094b:0-super-micro-computer-finalizes-18-25m-investor-settlement-all-payments-sent/

dinogreeves

dinogreeves 17 hours ago

dinogreeves

dinogreeves 17 hours ago

Memphis here we come.

TheDane

TheDane 23 hours ago

dinogreeves

dinogreeves 24 hours ago

SMCI will hit 50-54 next week.

dinogreeves

dinogreeves 1 day ago

I saw a glitch during after hours for 44.98.

dinogreeves

dinogreeves 1 day ago

General market cooperates tomorrow, SMCi will hit 45 dollars tomorrow.

dinogreeves

dinogreeves 1 day ago

Amazing action into close. Something has to be brewing for next week.

dinogreeves

dinogreeves 1 day ago

Amazing action into close. Something has to be brewing for next week.

dinogreeves

dinogreeves 1 day ago

Judge already laughing at the former employee.

WebSlinger

WebSlinger 1 day ago

That case has been moved to arbitration. To me, that is a huge win for SMCI, since arbitration generally favors the defendant (SMCI). The odds are that they will settle out of court.

dinogreeves

dinogreeves 2 days ago

PLT*R is sitting at over 160 billion valuation and only on earnings of 2.5 billion annually. Once the Nasdaq Extension is given the stage will be lit, once the audit is done and if there are no discrepancy, thrusters on this rocket will ignite, once the DOJ dismisses this case, this will launch to stratosphere.

dinogreeves

dinogreeves 2 days ago

Someone casually dropping $1.2M on calls that are 29% OTM with next week's expiry, $54 calls. Worth noting.

dinogreeves

dinogreeves 2 days ago

Nasdaq extension could be any day now, typically 15-30 days time frame since last filing. They need it before the end of the year.

dinogreeves

dinogreeves 2 days ago

This how extensive and tedious this has been. This is going to run once the Nasdaq extension is granted.

o" the morons who keep saying the investigation was done by 1 person:

The Special Committee’s rigorous investigation took over three months, with independent counsel devoting over 9,000 hours and the Secretariat forensic accounting team over 2,500 hours for the Review. As part of that process, the following investigative actions were taken:

•Extensive document collection, review, and analysis of roughly 4.1 terabytes of data, consisting of over 9 million documents from 89 individuals and an additional hard drive collection.

•Conducted 68 witness interviews of current and former employees, management, advisors, and Board members.

•The Special Committee employed more than 50 attorneys from Cooley and outside contract review attorneys, and employed a team of forensic accounting specialists from Secretariat.

50 attorneys, 66 interviews."

dinogreeves

dinogreeves 2 days ago

Futures are looking mighty hot. Let's see if we can hold this range tomorrow. Nasdaq extension news will set the stage on fire, until then we are in limbo.

dinogreeves

dinogreeves 2 days ago

It's a game of patience, you can't win this game without patience.

dinogreeves

dinogreeves 2 days ago

https://law.justia.com/cases/federal/district-courts/california/candce/5:2024cv02440/428464/34/

dinogreeves

dinogreeves 2 days ago

That is how dirty people are.

Gordon_Gekko_1969
1m
$SMCI I smell a huge offering coming tomorrow PM

dinogreeves

dinogreeves 2 days ago

Cash Loot is losing it on ST, perhaps there is news coming regarding Nasdaq extension.

dinogreeves

dinogreeves 2 days ago

https://finance.yahoo.com/news/super-micro-whistleblower-doubles-down-170200639.html

dinogreeves

dinogreeves 2 days ago

dinogreeves

dinogreeves 2 days ago

No stock goes straight up for days, especially this one with the extension in limbo. It dropped today because there was a hit piece on it again by the former employee who is doubling down suing the company.

TheDane

TheDane 2 days ago

204 million shares traded today and it was all downhill since 11am. Not a big surprise with no new news and after being up +/-30% yesterday. Not as much fun going down, though.

Zilla

Zilla 2 days ago

This Friday's 40. I paid 2.3 sold 2.25
Tried to double down this morning at .70 but they went to .80 and I went to the gym.
I had shares at 18 and 20's that I flipped already and thought it would come back down but it's sizzling. Bought puts in NVDA and PLTR because I'm contrarian or crazy. lol

TheDane

TheDane 2 days ago

What puts did you buy? Seems like calls or buying the stock are more in order given what’s going on here.

Zilla

Zilla 2 days ago

Sold my puts for a .05 loss because this thing moves so quick and that chart looks like a cup and handle to me so good luck longs. I'll wait and see cause it's too hot for me. lol

WebSlinger

WebSlinger 2 days ago

<< Nvidia seems to be stretched. so I am going to get into the competition. >>

NVDA & SMCI are not competitors. They are more like collaborators / partners. NVDA makes GPU (graphics processing) chips and SMCI makes the stuff that the chips go inside and work with (motherboards, servers, racks, storage, networking, etc).

dinogreeves

dinogreeves 2 days ago

dinogreeves

dinogreeves 2 days ago

Buy VCNX too, going to 20...30....40 dollars.

dinogreeves

dinogreeves 2 days ago

I am very, very bullish on SMCI. Price target is 120...150...200 dollars by August of next year. We need that extension this month alone will get it above 60-80 dollars, let them chew the float up for massive run. Most people on this thread and even on ST are day/swing traders. Don't pay attention to fake bulls, don't pay attention to me either, do your own DD. This is severely undervalued by at least 3-4 times from here. I believe in due time this will hit 150 billion market cap.

la-tsla-fan

la-tsla-fan 2 days ago

DINO: Judging merely by recent posts, you apparently are the leading bull on the board. This is my first time here. As you can tell from my name, I have been in TSLA the last few years.

The reason I am on this board is because I have been thinking of setting up a position in this stock. Earlier this year (or last) I stumbled on to NVDA. I HAD TO EXERCISE MY CALLS TO BUY THE STOCK, BECAUSE NOBODY WANTED TO PAY ME THE INTRINSIC VALUE OF MY CALLS! OF COURSE, NVDA IS GOING TO THE MOON AND BEYOND, However, Nvidia seems to be stretched. so I am going to get into the competition. I have already got some AVGO, now I would like to dabble in SMCI. However, before I buy a stock I sell puts against it.. With SMCI I sold a bunch of puts at 40. Imagine my humongous surprise when the stock crashed through my strike price of $40, and went down all the way to below $20! So I was looking at a potential loss of $2000 per put. THANK GOD the stock is recovering since the new auditor was announced.

HERE its my question to you: Do you think there is ANY more bad news coming?

FooBarAndGrill

FooBarAndGrill 2 days ago

Loaded at $38!!! Oh really?

Atlanta1

Atlanta1 2 days ago

J2003

J2003 2 days ago

Loaded at $38!!!

J2003

J2003 2 days ago

Shake and bake?

dinogreeves

dinogreeves 2 days ago

For now SMCI defies gravity, this is going to play out similar to CVN*A.

koolmc

koolmc 2 days ago

let's go smci chomp chomp

dinogreeves

dinogreeves 2 days ago

No stock goes up forever, there is going to be ups and downs, sideways, all it requires is balls of steels, more importantly, knowing what you are holding. On days of volatility all you need to do is remind yourself why you are in this in the first place and use the common logic this is so undervalued.

Rags2Riches

Rags2Riches 2 days ago

Amazing run thus far!

What a run from low 20's I hope to see this over $100.00 GLTA

dinogreeves

dinogreeves 3 days ago

Though some people are catching on.

$SMCI
SMCI
Super Micro Computer Inc
53,559
$42.00

$11.01
(32.60%)
Super Micro Computer, Inc. engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products. The company was founded by Charles Liang, Yih-Shyan Liaw, Sara Liu, and Chiu-Chu Liu Liang in September 1993 and is headquartered in San Jose, CA.

Watch
" $200 SP implies a market cap of roughly $117B which is just 3.5% of the size of nephew Jensen’s startup $NVDA."

Nvidia will present at UBS Global Technology and AI Conference tomorrow morning, December 3. Just wait until Jensen mentions SMCI and we really move higher!!!

dinogreeves

dinogreeves 3 days ago

Some people still have no clue what is taking place. Approximately close to 100 people worked day and night to find some discrepancy with the number, none were found thus no fraud.

Super Micro Computer

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