Hindenburg Research discloses short position in server maker Super Micro

Hindenburg Research discloses short position in server maker Super Micro


The logos of Super Micro Computer are pictured at one of the world’s largest computer and technology trade shows.

Ann Wang | Reuters

Short seller Hindenburg Research said on Tuesday it had a short position in server maker Super Micro Computer, citing evidence of “accounting manipulation”.

The company’s shares fell about 5% in early trading.

Super Micro did not immediately respond to a request for comment.

Close ties with chip giant Nvidia have allowed Super Micro to quickly roll out servers with AI chips, turning it into one of the biggest winners of the generative artificial intelligence boom.\



Source

Arm’s quarter shows how it’s carving a lucrative path in the crowded CPU resurgence
Technology

Arm’s quarter shows how it’s carving a lucrative path in the crowded CPU resurgence

Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per […]

Read More
Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Technology

Jim Cramer says Big Tech cannot afford to be cheap on AI spending

Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC’s Jim Cramer argued Wednesday. Cramer’s comments came after he heard someone describe the rally in data center and AI-related stocks as an “if you build it, they will come” dynamic — the idea that companies are spending aggressively on infrastructure in […]

Read More
DoorDash pops 8% on strong earnings, upbeat order guidance
Technology

DoorDash pops 8% on strong earnings, upbeat order guidance

Avishek Das | Lightrocket | Getty Images DoorDash reported mixed first-quarter results after the bell on Wednesday as it pours more money into new technology and features. Shares popped 8% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: 42 cents vs. 36 cents expected Revenue: $4.04 billion vs. $4.14 […]

Read More