DOJ Charges Spark 12% After-Hours Plunge In Super Micro Stock (SMCI) Over Alleged Illegal AI Exports To China

Shares of Super Micro Computer Inc. plunged nearly 12% after hours after the U.S. Department of Justice charged individuals tied to the company, including a co-founder, in an alleged scheme to illegally export AI servers to China, adding to existing weakness in the stock’s performance.

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