Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models.
Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange.
Ernst & Young was new to the job, having just replaced Deloitte & Touche as Super Micro's accounting firm in March 2023.
Since the S&P's announced index changes in March, Super Micro's stock has dropped at least 10% on six separate occasions.
— CNBC's Rohan Goswami and Kif Leswing contributed to this report WATCH: Super Micro stock is a 'very risky buy'
Persons:
Ernst & Young, Deloitte didn't, hasn't, P's, Dow Jones, Kevin Barry, Barry, —, Rohan Goswami, Kif Leswing
Organizations:
Computer Inc, Bloomberg, Getty, Micro, Nvidia, Ernst, Nasdaq, Mizuho, Deloitte, Touche, CNBC, Ernst & Young, Dell, SEC, Super, Hindenburg Research, Super Micro, U.S, U.S . Super, Whirlpool, P Global
Locations:
San Jose , California, U.S, That's, U.S .