BUZZ-Super Micro Computer falls after report says company offices raided in Taiwan
NVIDIA Corporation
Super Micro Computer, Inc.
NVIDIA Corporation NVDA | 0.00 | |
Super Micro Computer, Inc. SMCI | 0.00 |
** Shares of AI server maker Super Micro Computer SMCI.O fall 7.3% to $28.38 in afternoon trading
** SMCI's offices in Taiwan were raided by government authorities, widening an investigation into the alleged smuggling of Nvidia NVDA.O chips into China using the company’s servers, Bloomberg News reports
** Local investigators raided the residences of six individuals and the sites of three affiliated companies - report
** Super Micro did not immediately respond to a Reuters request for comment
** Up to last close, stock up ~5% this year
