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Stockreport

Super Micro Tanks 22% as Co-Founder Arrested in $2.5 Billion AI Chip Smuggling Ring [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
allegedly smuggling $2.5B in servers containing banned GPUs to China through a scheme involving Taiwan and Southeast Asian shell companies. The company settled SEC charges of accounting fraud in 2020 for $17.5M and faced fresh accusations of accounting manipulation from Hindenburg Research in 2024. Super Micro's co-founder orchestrated an export control violation scheme during a period when the AI server sector already faced slowing growth, margin pressure, and intensifying competition from larger players. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Super Micro Computer NASDAQ:SMCI ) shares are plunging 22% in pre-market trading this morning after the Justice Department announced it had arrested the company's co-founder and two others for smuggling $2.5 billion worth of servers containing banned GPUs to China. The arrests, unsealed in a Manhattan federal court, target indivi [Read more]
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Stockreport

Super Micro Tanks 22% as Co-Founder Arrested in $2.5 Billion AI Chip Smuggling Ring [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
allegedly smuggling $2.5B in servers containing banned GPUs to China through a scheme involving Taiwan and Southeast Asian shell companies. The company settled SEC charges of accounting fraud in 2020 for $17.5M and faced fresh accusations of accounting manipulation from Hindenburg Research in 2024. Super Micro's co-founder orchestrated an export control violation scheme during a period when the AI server sector already faced slowing growth, margin pressure, and intensifying competition from larger players. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Super Micro Computer NASDAQ:SMCI ) shares are plunging 22% in pre-market trading this morning after the Justice Department announced it had arrested the company's co-founder and two others for smuggling $2.5 billion worth of servers containing banned GPUs to China. The arrests, unsealed in a Manhattan federal court, target indivi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS