Super Micro Computer (SMCI) shares were active in late trading on Tuesday after the embattled artificial intelligence server maker reported fiscal first-quarter results. Read for more.

Super Micro Computer Inc (NASDAQ:SMCI) shares are trading higher Tuesday, bouncing back after falling nearly 50% last week after the firm’s independent auditor raised governance and transparency concerns.

Super Micro Computer (SMCI) will report quarterly earnings on Tuesday after market close, following a series of recent challenges. Most recently, the AI hardware company’s auditor, Ernst & Young, resigned over disagreements about Super Micro’s governance practices and board independence.

If you’re just looking at raw percentage gains since the AI mania began, Super Micro Computer (NASDAQ:SMCI) would probably qualify for the top spot of which stock popped the most–before it crashed. This stock has been riddled with a boatload of problems and is down 77% from its March peak–39% in the past month alone.

Super Micro Computer (NASDAQ:SMCI) is expected to report its first quarter business update for the fiscal year 2025 on November 5, Tuesday, as the company faces uphill battles, the latest being the unexpected resignation of its auditing firm.

Key Takeaways Super Micro Computer reports earnings after the bell Tuesday, with its stock nearly 80% below its highest point in March.The few analysts covering the stock mostly have a cautious view of its outlook,

Super Micro Computer late Tuesday will provide a "business update" on its fiscal first quarter, which ended in September, as it deals with accounting concerns.