Super Micro Computer (SMCI) co-founder Wally Liaw resigned from the board following a federal indictment for alleged export control violations. These legal challenges have triggered significant stock volatility and raised concerns regarding corporate governance.
Rosenblatt Securities lowered its price target for SMCI to $32 on March 25, 2026. The firm’s previous price target was $50. Analysts cited the indictment as a dark cloud impacting the company's valuation.
Rosenblatt maintained its Buy rating despite the target reduction. The firm highlighted Supermicro’s technical leadership in AI infrastructure and a solid order backlog. Wall Street remains divided as it weighs these operational strengths against ongoing regulatory and credibility risks.