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Business
fromFortune
1 month agoTroubled Nvidia ally Supermicro pledged to hire a new CFO 'immediately.' That was 14 months ago. | Fortune
Supermicro's internal probe found no fraud but recommended leadership changes after identifying hiring process lapses linked to rehired employees and undisclosed consulting arrangements.
from24/7 Wall St.
2 months agoSuper Micro Jumps 11%: Turnaround Begins or a Dead Cat Bounce?
Super Micro Computer ( NASDAQ:SMCI ) was once a Wall Street favorite, riding the artificial intelligence (AI) wave with shares surging nearly 100% in early 2025. But investor trust eroded as revenues stalled and gross margins compressed amid execution issues and competition. Sales dropped 15% year over year in its fiscal 2026 first quarter to $5 billion, significantly missing the company's guidance range of $6 billion to $7 billion.
Business
fromSecurityWeek
6 months agoPatch Bypassed for Supermicro Vulnerability Allowing BMC Hack
Supermicro informed customers in January that a researcher from Nvidia had discovered several BMC firmware vulnerabilities, including CVE-2024-10237, an image authentication issue that could allow an attacker to conduct malicious firmware updates. "An attacker can modify the firmware to bypass BMC inspection and bypass the signature verification process," Supermicro explained. A malicious firmware update would enable the attacker to gain complete and persistent control of the BMC and the operating system.
Information security
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