An investigation on behalf of investors of Super Micro Computer, Inc. (OTC: SMCI) shares over potential securities laws violations by Super Micro Computer, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Super Micro Computer, Inc. (OTC: SMCI) concerning whether a series of statements by Super Micro Computer, Inc. (OTC: SMCI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. Super Micro Computer, Inc. reported that its Total Revenue rose from over $2.215 billion for the 12 months period that ended on June 30, 2016 to over $2.52 billion for the 12 months period that ended on June 30, 2017 and that its Net Income for those respective time periods declined from $72.02 million to $69.32 million.

Shares of Super Micro Computer, Inc. (OTC: SMCI) reached $26.40 per share in June 2018.

On October 4, 2018, it was reported that Super Micro Computer, Inc, is central to a spying scandal involving China. According to the article, 'The chips had been inserted during the manufacturing process, [officials say], by operatives from a unit of the People's Liberation Army. In Super Micro Computer, Inc, China's spies appear to have found a perfect conduit for what U.S. officials now describe as the most significant supply chain attack known to have been carried out against American companies.'

The same day, Super Micro Computer, Inc. issued a statement refuting reports that servers it sold to customers contained malicious microchips in the motherboards of those systems.

Shares of Super Micro Computer, Inc. (OTC: SMCI) dropped to $8.50 per share on October 4, 2018.