Keep in mind, this is Nvidia’s, $NVDA, THIRD largest customer.

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Just as you thought it couldn’t get worse:

Super Micro Computer, $SMCI, just FAILED to provide a timetable on when their annual results will be posted.

Their stock is down another -18% after hours and over -80% from its recent all time high.

Just yesterday, it was reported that Super Micro Computer has until November 16th to file their annual report or they risk being delisted from the Nasdaq.

On top of this, the company said they would not discuss any questions related to their auditor, EY, resigning last week.

Keep in mind, this is Nvidia’s, $NVDA, THIRD largest customer.

What is happening at $SMCI?

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Super Micro Computer, Nvidia’s third-largest customer, accounts for approximately 9% of Nvidia’s total revenue. A significant portion of Super Micro Computer’s cost of goods sold, about 70%, is tied to Nvidia products. The partnership between the two companies is crucial, with Super Micro incorporating Nvidia’s GPUs into their server systems for data centers, cementing the importance of this business relationship.

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