Stock of Super Micro Computer, Inc. (SMCI) is falling around 26 percent on Friday morning trading after the company said that it was informed that the U.S. Attorney's Office for the Southern District of New York has unsealed an indictment against three individuals linked to the company over an alleged conspiracy to violate export-control laws.
The company's stock is currently trading at $22.69, down 26.21 percent or $8.09, over the previous close of $30.79 on the Nasdaq. It has traded between $21.85 and $62.36 in the past one year.
The company stated that it has placed the two employees on administrative leave and terminated its relationship with the contractor, effective immediately. Additionally, it emphasized that Super Micro Computer is not named as a defendant in the case.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.