In what is a manifest victory for Super Micro Computer (NASDAQ: SMCI) bulls, the embattled retailer of high-performance servers and liquid-cooled AI racks has managed to successfully evade a possible delisting for now, paving the way for the company’s intrinsic strength to gradually start exercising some much-needed influence on the battered stock. To wit, Super Micro Computer has now made public the following development via a new filing with the SEC: “On December 6, 2024, Super Micro Computer, Inc. (the “Company”) received a letter (the “Letter”) from the Nasdaq Stock Market (“Nasdaq”) informing the Company that Nasdaq has granted the […]
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