Super Micro Stock Plunges as Oracle Scraps $1.1B–$1.4B Rack Contract
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.
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Shareholders Sue Super Micro for Hiding Illegal China Sales and Nvidia Chip Smuggling
Shareholders filed a lawsuit against Super Micro Computer, accusing the company of securities fraud by concealing risky sales to China that violated U.S. export laws.
Arm Enters the AI Chip War: Launches Its First-Ever AGI CPU with Meta as Lead Customer
Arm enters the AI chip race with its new 136-core AGI CPU. Meta is the first major buyer as Arm targets $15B annual revenue from chips in 5 years — aiming for $25B total company sales.
Super Micro Co-Founder Charged in $2.5 Billion AI Server Smuggling Scheme to China
US indicts Super Micro co-founder Wally Liaw for illegally diverting $2.5B Nvidia AI servers to China via Southeast Asia, evading export controls. SMCI shares plunge.
Super Micro Computer Raises Revenue Forecast on Strong AI Server Demand
Super Micro Computer (SMCI) boosts annual revenue outlook to $40B, reporting strong Q2 results driven by AI server demand and improved operational execution.
Goldman Sachs Starts Coverage on Super Micro With a Sell Rating
Goldman Sachs initiates coverage on Super Micro with a Sell rating, citing margin pressure, rising competition, and limited profit visibility despite AI leadership.