NVIDIA’s third-largest customer, Super Micro Computer ($SMCI), probed by Justice Department for accounting irregularities.

by
Sharing is Caring!

Super Micro Computer (SMCI), a significant customer of NVIDIA (NVDA), is currently under investigation by the U.S. Department of Justice (DOJ) for alleged accounting irregularities. This probe follows a report by Hindenburg Research, which accused the company of accounting manipulation and other issues.

See also  Intel to Invest $300m in China: The money will go toward expanding its chip packaging and testing, and establish a customer solution center

Sources:

See also  NVIDIA’s use of mark-to-market accounting mirrors Enron’s risky practices, with its auditor PwC highlighting judgment calls that raise red flags on valuation.

www.investopedia.com/super-micro-computer-stock-plunges-on-report-of-federal-accounting-probe-8718902


Views: 50

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.