audit – Charm – Daily News

Super Micro hires new auditor ahead of Nasdaq delisting deadline

Super Micro Computer hired a new auditor Monday after its previous one, Ernst & Young, quit in the middle of an engagement. The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and quarterly report on time. Its…

Inside Super Micro’s wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Cs news3 weeks ago3 weeks ago020 mins

Silicon Valley tech company Super Micro was supposed to be riding high: After flying under the radar for a quarter of a century, the company had ridden the coattails of the recent generative AI boom. The $20 billion manufacturer builds some of the most important hardware used to power the top artificial intelligence models–that is,…