Super Micro stock plunges after co-founder's indictment
Super Micro Computer Inc. stock tumbled about 28% after the indictment of co-founder Wally Liaw for alleged export-control violations tied to diverting Nvidia chips to China; the company wasn’t named in the charges, but analysts say the case raises credibility and controls concerns and could strain relationships with customers and suppliers, including Nvidia, with potential beneficiaries like Dell if disruptions persist.