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SMCI — Super Micro Computer News Story

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Super Micro falls after report of DOJ probes

BUZZ-Super Micro falls after report of DOJ probes

** Shares of AI server maker Super Micro Computer SMCI.O fall 11.3% to $26.98 in afternoon trading

** Stock on track for its biggest one-day drop in five months

** Semafor reports multiple US Justice Department probes on antitrust grounds against Nvidia NVDA.O, SMCI and Megaspeed

** US prosecutors in March charged three people linked with SMCI including its co-founder for aiding the smuggling of AI technology into China

** CEO of AI bellwether Nvidia, Jensen Huang has resigned following the revelations of two extramarital affairs, including one involving an alleged Chinese intelligence asset

** Involvement of Alice Huang, the alleged Chinese spy became the core of the probe on SMCI and Singapore-based cloud company Megaspeed

** Nvidia, Megaspeed and SMCI didn't immediately respond to Reuters' requests for comment

** Including session's move, SMCI is down over 7%


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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