FeesSafety
Pluang+

Law firm investigates Super Micro over DOJ indictment for illegal server sales to China.

Market News
11 Sep 2026
PRNewsWire
View Source
Bearish
Law firm investigates Super Micro over DOJ indictment for illegal server sales to China.

Kahn Swick & Foti, LLC has launched an investigation into Super Micro Computer following a U.S. Department of Justice indictment against three company associates for illegally exporting servers with U.S. AI technology to China. The scheme allegedly generated about $2.5 billion in sales from 2024 to 2025, violating U.S. export laws. A securities class action lawsuit is also ongoing against Super Micro and some executives for not disclosing this information to shareholders. The investigation will determine if company leaders breached their duties or laws, potentially affecting shareholder rights and company governance.

More News (SMCI)

Super Micro dropped 60.86% after joining S&P 500, but index funds had to buy at peak prices.

Super Micro dropped 60.86% after joining S&P 500, but index funds had to buy at peak prices.

Super Micro Computer's stock fell 60.86% from its price on the day it was announced to join the S&P 500 index, yet index funds like Vanguard's S&P 500 ETF (VOO) were required to buy the stock at that peak price due to index rules. This highlights a h...

Market News
Bearish
8 hours ago
Supermicro stock trades low despite record $60B AI order backlog, signaling potential 25% upside.

Supermicro stock trades low despite record $60B AI order backlog, signaling potential 25% upside.

Supermicro recently reported a record $60 billion order backlog and expects fiscal 2027 revenue between $65 billion and $72 billion, driven largely by AI data center demand. Despite this, its stock trades near 52-week lows at about 10 times forward e...

Analyst Insights
Bullish
21 hours ago
Supermicro launches liquid-cooled NVIDIA Vera CPU rack for scalable agentic AI workloads.

Supermicro launches liquid-cooled NVIDIA Vera CPU rack for scalable agentic AI workloads.

Supermicro introduced a new liquid-cooled NVIDIA Vera CPU rack designed for agentic AI and reinforcement learning workloads, supporting up to 22,500 concurrent agent sandboxes per rack. This rack integrates 256 NVIDIA Vera CPUs and BlueField-4 DPUs, ...

Market News
Bullish
1 day ago
Super Micro Computer stock gains bullish outlook after raising Q1 2027 sales and profit forecasts on strong AI demand.

Super Micro Computer stock gains bullish outlook after raising Q1 2027 sales and profit forecasts on strong AI demand.

Super Micro Computer (SMCI) received a renewed buy rating from Rosenblatt Securities after announcing a strong Q1 fiscal 2027 sales pre-guidance of $18.5-$19.5 billion, well above prior estimates. The company also raised its gross margin outlook to 1...

Analyst Insights
Bullish
1 day ago
Super Micro Computer raises Q1 revenue forecast 27% on strong AI demand, shares jump 11%.

Super Micro Computer raises Q1 revenue forecast 27% on strong AI demand, shares jump 11%.

Super Micro Computer forecasted first-quarter revenue between $18.5 billion and $19.5 billion, significantly above its previous guidance of $14.5 billion to $15.5 billion, driven by strong demand for AI infrastructure. The company also expects improv...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App