Tuesday saw the latest disclosure by short seller Hindenburg Research, whose reports have shaken a number of high-profile firms, of a short position in Super Micro Computer and purported “accounting manipulation” at the developer of AI servers.
The short seller, who has battled with billionaire investor Carl Icahn and India’s Gautam Adani, is pitted against the server marker in this study, which has been one of the main beneficiaries of the generative artificial intelligence boom.
Super Micro’s stock fell 3.5% during morning trading. After more than tripling in value the previous year, the stock has almost doubled in 2024.
Source (CNBC)
