SMCI stock slips as Super Micro flags operations chief retirement in new 8-K
Super Micro Computer shares fell 1.8% to $30.08 Monday after the company disclosed that operations SVP George Kao will retire Dec. 31, with Tom Xiao set to take over. The company said Kao will remain as a consultant during the transition. Shares were steady after hours. The broader tech sector also declined, with Nvidia down 1.2%.