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The U.S. Department of Justice is currently conducting an investigation into Super Micro Computer, as reported by the Wall Street Journal. This news has caused the AI server maker’s Stocks to drop by approximately 5%. Earlier, Super Micro Computer had refuted allegations made by short-seller Hindenburg Research in a report, stating that it contained inaccurate information about the company. Hindenburg had revealed a short position in Super Micro in August, accusing the company of “accounting manipulation” and pointing out undisclosed related-party transactions and violations of export controls. Super Micro Computer has yet to respond to requests for comment on this matter.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
