Super Micro Falls 15% As DOJ Opens Probe Amid Hindenburg's Accounting Allegations

Super Micro Computer shares dropped over 15% following a report that the U.S. Department of Justice opened a probe into the company. The Wall Street Journal reports that the DOJ's probe into Super Micro is in its early stages, following Hindenburg Research's short position disclosure in August. Hindenburg alleges new evidence of accounting manipulation, but CNBC has not independently verified these claims. Super Micro, a key player in the AI boom, supplies servers to companies like Nvidia, AMD, and Intel. A prosecutor in San Francisco has requested information regarding a former employee who accused the company of accounting violations.