‘Uninvestable’ Super Micro Sends Investors Racing to the Exits
The Super Micro Computer headquarters in San Jose, California.
Photographer: David Paul Morris/BloombergOn paper, Super Micro Computer Inc. is the type of company that Wall Street can’t get enough of, with soaring sales, an enviable list of partners like Nvidia Corp. and its placement at the center of the artificial intelligence boom.
But a series of self-inflicted wounds — the most recent being the indictment of its co-founder Yih-Shyan “Wally” Liaw on charges of circumventing US export restrictions to China — have investors fleeing the stock in droves.