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Thursday, 31 October 2024

Sketchy financials send Supermicro auditors running for the hills

If SMCI is the AI Enron, Ernst & Young wants nothing to do with them

Supermicro shares took a nose dive on Wednesday, sliding more than 30 percent after the accounting firm hired to review its reporting practices resigned after determining they were just a bit too sketchy to warrant the risk.…



source https://go.theregister.com/feed/www.theregister.com/2024/10/30/supermicro_audit_ey_quit/

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