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Super Micro said on Wednesday that two workers at its Taiwan unit had been detained pending a court hearing and two others released on bail after being ‌questioned by Taiwanese prosecutors investigating the alleged illegal export of advanced AI servers containing Nvidia chips. The servers ‌are made by Super Micro and contain Nvidia chips, which are subject to U.S. export controls prohibiting export to China. The four workers were among ​six people questioned earlier this week when Taiwan's Keelung District Prosecutors' Office said it had launched a second round of searches in the probe.

In the stock's second week of trading, investors are wondering whether the price swing is an opportunity or a warning.

Fed officials now believe higher interest rates will be necessary to curb inflation.

The aerospace and AI company could struggle to soar higher this year.

Wall Street's biggest IPO cycle in history probably won't crash the market, but it could force investors to rethink their AI portfolios as billions rotate into SpaceX, Anthropic, and OpenAI.

(Updates with the company's response in the fourth paragraph.) Super Micro Computer (SMCI) is coo

Super Micro Tumbles on Report of Taiwan Searches Tied to Nvidia Chips

The early signs suggest a clear way to play the dip.

Taiwanese authorities escalated a probe into the unauthorized diversion of advanced artificial-intelligence servers made by Super Micro Computer, as part of efforts to crack down on the alleged smuggling of Nvidia chips to China.

Super Micro Computer (NASDAQ:SMCI) stock is down 8% to $28.15 in Monday afternoon trading after Taiwan authorities raided the company’s offices on the island as part of a widening investigation into alleged smuggling of NVIDIA (NASDAQ:NVDA) AI chips into China. The raid marks a significant escalation in Taiwan’s enforcement of chip export controls. The move ... Super Micro Plunges 8% as Taiwan Raids Its Offices in NVIDIA AI Chip Smuggling Probe

U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

The Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) is having the kind of year that small-cap value advocates have been promising since 2021. AVUV is up 23% year to date and 39% over the past 12 months, beating the Russell 2000 by roughly two points and outpacing the passive small-cap value benchmark by a wider ... What AVUV Investors Need to Watch: Rate Cuts and Regional Bank Exposure

On the latest episode of Steven Bartlett’s podcast, The Diary of a CEO, legendary investor Jeremy Grantham said the AI stock boom has entered the same danger zone as the great market bubbles that investors typically study only after they burst. Over the past couple of years, AI stocks have done the ...

Are layoffs starting to backfire in Silicon Valley? Employees at Meta Platforms are starting to revolt against cuts and reassignments.

OpenAI IPO Delay Report Sparks Sharp Selloff in AI and Memory Stocks

Nvidia stock continued its weeklong slide on Friday, pulling the Philadelphia semiconductor index lower.

Memory stocks just went from cyclical chip plays to AI-era essentials, and Bank of America’s Vivek Arya thinks the market is still pricing them like the old version. Speaking on CNBC the morning after Micron Technology (NASDAQ:MU) reported, BofA’s senior semiconductor analyst argued that “what we are witnessing is what I would call a structural ... BofA Says Micron Is Trading Under 10x Earnings and Wall Street Is Completely Missing the Story

Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest. Nvidia (NASDAQ:NVDA) became the face of the AI revolution as demand for its chips exploded, pushing its market value to roughly $4.8 trillion. Even after a pullback of nearly 16% from its all-time high, most investors still view ... Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Banks could be negatively impacted as rates stay high.

Its share price has plunged about 21% since second-quarter earnings were released on June 3.

Chip stocks plunged on Tuesday, one day after the Philadelphia semiconductor index, known as SOX, hit a record high.

It’s a rough day for stocks that have benefited from the AI rally this year. These stocks are among the deepest in the red this morning: Chip makers: Micron Technology is down 12%. Advanced Micro Devices, Marvell Technology and Qualcomm fell between 6% to 9% at the opening bell.

Tech stocks led the losses on Tuesday as investors went risk-off.

Stock Market Today: The Dow Jones index dropped, while tech futures plunged as Micron, Nvidia and Sandisk dived premarket.

By Amanda Cooper LONDON, June 23 (Reuters) - Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to

A key phrase was missing in the latest Federal Open Market Committee (FOMC) statement, and it has massive implications for the stock market.

The real estate start-up is making progress on its recovery.

June 23 (Reuters) - Contracts tracking the tech-heavy Nasdaq fell 2%, leading declines among Wall Street futures on Tuesday, as concerns around imminent rate hikes in the United States and debt-backed

Cerebras Systems, an AI chip maker, anticipates first-quarter sales of $181 million, an 82% increase year-over-year.

Dow Jones Futures: The tech-heavy Nasdaq composite sold off Monday as SpaceX stock plunged. Amazon, Alphabet and Nvidia logged heavy losses.