Super Micro Computer Inc
Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more
Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss — […]
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Singapore charges one more individual with AI chip fraud
Singapore prosecutors charged one more person with fraud on Thursday for making false representations to U.S. server supplier Dell Technologies, linking her to two other individuals charged with similar offences in February last year. Jenny Lim was charged with conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie in 2024 to commit fraud by misleading Dell that Aperia International would be the end-user of the […]
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Stocks making the biggest moves premarket: Delta Air Lines, Carnival, Chevron & more
Check out the companies making the biggest moves premarket: Airlines — Shares of Delta Air Lines , United Airlines and Southwest Airlines surged more than 4.5% on news that the U.S. strikes against key energy infrastructure in Iran would be halted. The group struggled after the war on concerns of what it would do to […]
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Super Micro co-founder indicted on Nvidia smuggling charges leaves board
Jaque Silva | Nurphoto | Getty Images Super Micro Computer said Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China. A federal court unsealed the indictment on Thursday. While the company wasn’t specified, […]
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Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more
Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine […]
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Super Micro shares plunge on shocking smuggling case. One stock stands to benefit
Super Micro Computer is tumbling amid a smuggling investigation into a member of its board of directors that could benefit one major AI server competitor, according to Wall Street Shares of Super Micro are heading for their worst one-day drop since 2024 on reports that its cofounder, a manager and a contractor were charged with […]
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