The server giant does not expect to restate its financial results. The possibility that it might have to do so was raised in July when public accounting firm Ernst & Young (EY) warned the SMCI ...
The biggest issues for SMCI have been related to its corporate governance standards and this has been responsible for much of ...
and the board is in the process of doing so. Shares of Super Micro Computer (SMCI), or Supermicro, soared roughly 20% to lead S&P 500 gainers Monday after the troubled computer server maker ...
Supermicro also makes the components that allow a server to function ... A special committee that included a member of Supermicro's board, a legal team, and a forensic accounting team from ...
Despite strong revenue growth from AI-optimized server solutions, Super Micro Computer faces negative ... Concerns over internal controls and board independence led to EY's resignation as auditor ...