NYSE:FLT 6 February 2026

July 1, 2026, 8:34 PM EDT. Super Micro (SMCI) slid about 4.5% after Taiwanese prosecutors raided its offices and detained two workers in a Nvidia chip smuggling investigation tied to shipments of Nvidia-powered servers to China. The move raised fresh export-compliance questions. Shares bounced a bit, last at $28.12 and off 4.4%. SMCI has posted 55 swings of over 5% in the last year. Nvidia's Vera Rubin launch and a GF Securities Buy upgrade drove recent upside, while a $7 billion fundraise spooked some traders on dilution. The inquiry adds uncertainty, but the street's growth outlook on SMCI's AI business remains unchanged for now.