Hacked by Ernst & Young! Supermicro’s stock price plunges almost 50%, analysts reveal the worst result

Real Time Center / Reported by Liang Bochao

On Wednesday (October 30), Ernst & Young announced its resignation from the audit of Super Micro Computer, Inc., a major AI server maker, citing concerns about the company’s governance and transparency Super’s share price fell by more than 46% Micro Micro. as a result. The well-known analyst Ming-Chi Kuo believes that Supermicro has an increasing chance of developing into the worst outcome, but from a geopolitical point of view, the US government will definitely not sit back and watch “Maybe we can see a big change in leadership and board of directors, or even We cannot rule out more company mergers.”

Ming-Chi Kuo’s analysis pointed out that the resignation of auditors/accountants is a very serious matter, and judging from past experience, Supermicro has an increasing chance of developing into the worst outcome, that is, suspension or delisting a decline in Supermicro’s competitiveness and faces more serious survival challenges (its opponents are all large manufacturers with money and resources).

Ming-Chi Kuo believes that although Supermicro’s influence on the AI ​​server industry has gradually declined, and the GB200 mass production schedule is 3 to 6 months behind Hon Hai and Quanta, it has design and manufacturing capabilities still a good AI server.

But from a geopolitical point of view, if Supermicro encounters survival challenges, the US government will probably not want to see Supermicro being acquired by a Chinese company, or the company’s employees changing jobs to Chinese companies.

Ming-Chi Kuo said that if the above conclusion is correct, we may see a major change in Supermicro’s senior management and board of directors, and he does not even rule out the appearance of further inter-enterprise mergers, such as the acquisition of AMD. from the example of ZT Systems.

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Original source:Quick news/break from Ernst & Young! Supermicro’s stock price plunges almost 50%, Ming-Chi Kuo reveals the worst result

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