Super Micro (SMCI) Takes Another Hit as Fresh Probe Weighs on Shares Angelica Ballesteros Thu, November 12, 2026 at 8:07 PM EST 2 min read SMCI -9.46% NVDA -3.14% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Super Micro Computer Inc. (NASDAQ:SMCI) is one of the 10 Stocks Underperforming the Broader Market.
Super Micro Computer saw its share price decline by 11.30 percent on Thursday to close at $26.99 per share, as investors disposed of positions following news that the Department of Justice has initiated a probe into alleged smuggling of its products into China.
According to reports, the US Attorney's Office in Manhattan is investigating whether Alice Huang, alleged mistress of ex-Nvidia Corp. CEO Jensen Huang and who was tagged as a Chinese spy, helped smuggle Super Micro Computer Inc. (NASDAQ:SMCI) into China. Other companies, namely Nvidia and Megaspeed International, are also facing a probe.
For illustration purposes only. Photo by Brett Sayles on Pexels
In response, Super Micro Computer Inc. (NASDAQ:SMCI) said that it is cooperating with authorities in relation to the case.
The decline can also be attributed to Nvidia's slide to a new 52-week low following Huang's resignation, effective immediately, after admitting to having extramarital affairs with Alice.
It can be learned that Nvidia Corp. and Super Micro Computer Inc. (NASDAQ:SMCI) share a decades-long of partnership, with the latter acting as a premier, early-stage integration partner for Nvidia's cutting-edge graphics processing units and AI platforms.
Super Micro Computer Inc. (NASDAQ:SMCI) is known for its speed-to-market, turning Nvidia chips into custom server racks, liquid-cooling systems, and total data center solutions faster than many competitors.
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