Super Micro Computer (SMCI), also known as Supermicro, had a roller coaster year in 2024 due to delays in financial reporting. Its auditor, EY, resigned in October 2024, citing issues with internal controls and accounting practices.

AI has been generating headlines and hype, and for good reason. It’s the once-in-a-generation technology that is in the process of permanently

Shares of Super Micro Computer (NASDAQ:SMCI) climbed ~12% on Wednesday after the company filed its long-overdue financial reports with the U.S. SEC at the eleventh hour, avoiding a possible delisting from Nasdaq and removing a key overhang for its stock.