Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23%
Summary
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Embattled server maker Super Micro Computer said on Monday that its hired BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain compliance with the exchange. Super Micro is late in filing its 2024 year-end report with the SEC, and said earlier this month that it was looking for a new accountant after its previous auditor, Ernst & Young, stepped down in October. On Monday, Super Micro announced that it was selling products featuring Nvidias next-generation AI chip called Blackwell. Super Micro said the Nasdaqs rules allowed the company 60 days to file its report or submit a plan to regain compliance.
Classifications
AskAI Classifications
LabelsLinked Companies
