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.

Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting from the Nasdaq exchange. This could dramatically reduce Supermicro's liquidity by forcing it to trade over the counter, a designation that could make shares harder to access, likely hurting the company's valuation.

Investors in server maker Super Micro continue to flee after news this week that Ernst & Young has resigned as its auditor.

As an aside, SNAP jumped post earnings yesterday - see “ Should You Buy, Sell, Or Hold SNAP Stock At $12? In our recent analyses, we argued for a range of outcomes. On one hand, there is potential for the stock to rise over 2x to $1,

With the situation looking incredibly dire for Super Micro Computer stock ahead of its Tuesday night earnings release and the Nov. 16 deadline to regain compliance with Nasdaq listing standards, should investors consider scooping up this beaten-down stock at a bargain - or steer clear? Here's a look.

With Super Micro Computer stock under a cloud due to accounting problems, take a look at an example of how that derailed MicroStrategy's stock.

Super Micro says its special committee has so far found that its audit committee “acted independently and that there is no evidence of fraud or misconduct on the part of management” or the board.

Super Micro Computer said on Tuesday it cannot predict when it would file its annual report with the U.S. Securities and Exchange Commission and that the results of a special committee probe showed there was no evidence of fraud on the part of management or the board.

Analysts are weighing the chances that Super Micro Computer could be delisted from the Nasdaq exchange over its accounting issues.