Super Micro shares rise as company looks to avoid delisting from NASDAQ

Super Micro Computers ( SMCI ) stock rose in Tuesday’s premarket trading session after the company unveiled a strategy to address its financial reporting delays and avoid a NASDAQ delisting. On Monday evening, the AI ​​chipmaker submitted a detailed compliance plan to the Securities and Exchange Commission (SEC), stating its obligation to submit late financial information.

Morning card co-hosts Sean Smith and Brad Smith break down the details.

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This post was written by Angel Smith