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Super Micro Computer, Inc. (SMCI) Terminates Loan Agreements with Cathay Bank and Bank of America Amid Financial Struggles
We recently compiled a list of the 15 Trending AI Stocks on Latest Ratings and News. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks.
Super Micro Computer Ends Loan Agreements for Flexibility
Super Micro Computer ( (SMCI)) has shared an announcement. Super Micro Computer, Inc. has fully prepaid and terminated its loan agreements with Cathay Bank and Bank of America, signaling a strategic move to enhance its financial flexibility.
Super Micro Ended Loan Pacts That Had Become More Burdensome
Super Micro Computer has ended loan agreements with two banks as recent amendments to those pacts made them more burdensome. The move frees up some cash, and removes restrictions tied to the embattled server maker’s late filing of audited financial statements.
Is the Worst Over for Super Micro Computer? Here Are 2 Crucial Things to Watch.
Super Micro Computer (NASDAQ: SMCI) is a key player in one of the hottest technology fields -- artificial intelligence (AI) -- and revenue has jumped in the triple digits quarter after quarter. The company produces equipment such as workstations and servers for AI data centers and is an expert in the new growth area of liquid cooling technology.
Super Micro pays off, ends loan agreements with BofA, Cathay Bank
Super Micro Computer edged slightly higher during early market action Wednesday after it was revealed the company had prepaid loan agreements. Read more here.
8h
on MSN
Super Micro Computer, Inc. (SMCI) Gains 2.5% Amid Rival Server Stocks Decline on Dell’s Earnings Miss
We recently compiled a list of the 15 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where ...
13d
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.
13d
Super Micro’s Looming Nasdaq Deadline Stokes Delisting Fears
Super Micro Computer Inc. investors have spent two months waiting for the company to file a plan that would allow it to ...
1d
on MSN
Super Micro Computer, Inc. (SMCI): Hedge Funds Boost Holdings Despite Nasdaq Delisting Risk
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
9d
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Super Micro said that it told Nasdaq that it believes it will be able to file its annual report for the year ended June 30, ...
12d
on MSN
Super Micro Plans Filing With Nasdaq on Monday. How It Got to the Brink of Delisting.
Super Micro Computer, now under scrutiny as a winner from artificial-intelligence boom that could be forced to delist its stock, just might avoid that fate.A person familiar with the matter told ...
2d
on MSN
Super Micro Computer, Inc. (SMCI) Surges 80% Amid Nasdaq Compliance Plan and NVIDIA Boost
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
NBC New York
9d
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Super
Micro
shares popped after the company named BDO as its independent auditor. The stock, which has cratered since ...
Seeking Alpha on MSN
7d
Super Micro Computer discloses Nasdaq non-compliance letter
Super
Micro
Computer (
NASDAQ
:SMCI) on Wednesday said it has received a notification letter from
Nasdaq
, stating that ...
9d
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional ...
Hosted on MSN
1d
Super Micro Stock Bucks Broader Tech Weakness Wednesday, Thanks to 2 Catalysts: Retail Positions For Short-Squeeze
Shares of artificial intelligence server manufacturer Super Micro, Inc. ($SMCI) continued their volatile run, and on ...
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