Super Micro Computer Inc. (SMCI) launched an independent investigation following a March 2026 indictment of three former associates. The indictment alleges a conspiracy related to export-control violations.
The company is not named as a defendant and faces no accusations of wrongdoing. SMCI has severed all ties with the three individuals involved.
Two independent board members will oversee the investigation. The company has not established a specific timeline for its completion.
SMCI shares experienced choppy trading following the announcement. Several analyst firms lowered their price targets for the stock, citing the investigation and an ongoing shareholder class-action lawsuit.