🟢 SMCI is trading 5.7% up today as company launches independent probe into co-founder linked smuggling case

SMCI is trading at $23.95 (+5.65%) in pre-market after the company announced an independent investigation into a case involving its co-founder.

• The probe relates to the March 2026 indictment of its co-founder and two others on charges of illegally smuggling servers with Nvidia chips to China.
• The company itself is not named as a defendant and is not accused of any wrongdoing in the indictment.
• The stock is also benefiting from a broad market rally following reports of a US-Iran ceasefire.