SMCI Regains Investor Confidence with Steps to Avoid Delisting

Reports state that Supermicro (SMCI) has submitted a proposal to avoid being delisted on the Nasdaq-100. The fight to stay on the index is a result of accounting concerns that began several months ago. Caroline Woods notes an uptick in investor confidence, but warns of risks that remain with Supermicro and partners like Nvidia (NVDA) and AMD Inc. (AMD).

Next Gen Investing

20 Nov 2024

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