Hindenburg Research discloses short position in server maker Super Micro

Post At: Aug 27/2024 10:00PM
By: Gary

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Short seller Hindenburg Research said on Tuesday it had a short position in server maker Super Micro Computer, citing evidence of "accounting manipulation".

The company's shares fell about 5% in early trading.

Super Micro did not immediately respond to a request for comment.

Close ties with chip giant Nvidia have allowed Super Micro to quickly roll out servers with AI chips, turning it into one of the biggest winners of the generative artificial intelligence boom.\

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