Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024.
Shares of Super Micro soared more than twentyfold over a two year period from early 2022 until their peak in March of this year.
Super Micro has been one of the primary beneficiaries of the artificial intelligence boom, due to its relationship with Nvidia .
Super Micro was added to the S&P 500 in March, reflecting its rapidly growing business and then-soaring stock price.
Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81.
Persons:
Charles Liang, it's, Ernst & Young, Nvidia's
Organizations:
Super, Computer Inc, BDO, Nasdaq, SEC, Ernst, Deloitte, Touche, Nvidia, Super Micro, Dell, Hewlett Packard Enterprise, Micro, Hindenburg Research, Street, Department of Justice
Locations:
Taipei, Taiwan