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via finance.yahoo.comBusiness & Companies

Super Micro sinks as DOJ probes possible China smuggling links to Nvidia fallout

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Super Micro Computer shares tumbled 12% after Bloomberg reported that the U.S. Justice Department is investigating whether entities linked to Alice Huang, a woman suspected by US officials of potentially targeting former Nvidia CEO Jensen Huang, were involved in…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSuper Micro shares fell 12%, and the probe could weigh on the stock and the chip sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Super Micro Computer shares tumbled 12% after a Bloomberg report.
  2. 02The US Justice Department is investigating possible smuggling of Super Micro products into China.
  3. 03The scrutiny is being led by the US attorney's office in Manhattan.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Super Micro Computer, Inc.SMCIStock27.08 USD+0.63%today -11.01%Negative NVIDIA CorporationNVDAStock164.53 USD-0.58%today -5.30%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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