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Why is SMCI stock falling 11% on Thursday?
Super Micro Computer shares SMCI fell more than 11% on Thursday after reports that the US Department of Justice is investigating whether entities linked to Alice Huang were involved in efforts to smuggle the server maker's products into China. A Semafor report, citing two administration officials, said multiple DOJ investigations could involve Nvidia, with one inquiry focusing on potential antitrust violations and two others involving Super Micro and Megaspeed International.
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