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Supermicro launches internal probe after cofounder's arrest on charges of $2.5 billion in chip smuggling [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
orchestrated the routing of $2.5 billion in servers packed with Nvidia's highly prized GPUs to China, in violation of export controls. The independent investigation comes two years after an independent director on the board previously investigated Supermicro and found “no evidence of fraud or misconduct on the part of management or the board of directors.” Supermicro is facing scrutiny among investors who are concerned that its compliance issues and reputational risk could strain its relationship with $4 trillion chipmaker Nvidia , which supplies Supermicro with chips for customers' purchase orders. The board's newest director, Scott Angel, who was appointed to be the independent leader on the board, is running point on the latest investigation, along with audit committee chair Tally Liu, the company announced on Tuesday . Details on the investigation are sparse, but the board has hired law firm Munger, Tolles & Olson to advise the independent directors. Munger, Tolles brought in [Read more]
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Stockreport

Supermicro launches internal probe after cofounder's arrest on charges of $2.5 billion in chip smuggling [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
orchestrated the routing of $2.5 billion in servers packed with Nvidia's highly prized GPUs to China, in violation of export controls. The independent investigation comes two years after an independent director on the board previously investigated Supermicro and found “no evidence of fraud or misconduct on the part of management or the board of directors.” Supermicro is facing scrutiny among investors who are concerned that its compliance issues and reputational risk could strain its relationship with $4 trillion chipmaker Nvidia , which supplies Supermicro with chips for customers' purchase orders. The board's newest director, Scott Angel, who was appointed to be the independent leader on the board, is running point on the latest investigation, along with audit committee chair Tally Liu, the company announced on Tuesday . Details on the investigation are sparse, but the board has hired law firm Munger, Tolles & Olson to advise the independent directors. Munger, Tolles brought in [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