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3 days agoSuper Micro Computer Rises 5%: 3 Reasons Bulls Are Looking Past the Lawsuits
Super Micro Computer's shares rose 5% amid legal challenges, driven by strong revenue growth and increased AI demand.
The Justice Department charged Yih-Shyan Liaw, Ruei-Tsang Chang, and Ting-Wei Sun in an indictment unsealed in federal court in Manhattan on Thursday, alleging a complex scheme to send US-made servers through Taiwan to other countries in Southeast Asia.
SAN JOSE Super Micro Computer has launched construction of a vast tech campus next to a former Fry's Electronics store in San Jose, a project that could eventually produce a development totaling millions of square feet. The tech company's project is slated to sprout at 550 East Brokaw Road in north San Jose, a property where Fry's once operated a consumer electronics store with a distinctive Mayan theme.