Super Micro surges as AI server maker hires new auditor, seeks filing extension


FILE PHOTO Logos of Super Micro Computer are pictured at COMPUTEX Taipei one of the worlds largest computer and technology trade shows in Taipei Taiwan May 30 2023. REUTERSAnn WangFile Photo

FILE PHOTO: Logos of Super Micro Computer are pictured at COMPUTEX Taipei, one of the world's largest computer and technology trade shows, in Taipei, Taiwan May 30, 2023. REUTERS/Ann Wang/File Photo

(Reuters) -Shares of Super Micro Computer soared about 23% in early trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.

Super Micro announced the appointment of BDO USA as its independent auditor, effective immediately, less than a month after Ernst & Young resigned after it raised concerns about the company's governance, transparency and internal control over financial reporting.


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