7 comments

  • StressedDev8 小时前
    This is not surprising. Hindenburge Research (a short seller) documented SuperMicro’s problems in August 2024 (https://hindenburgresearch.com/smci/).
    • lysace7 小时前
      I love how Hindenburg Research cleans up the market.

      Is there any public data on how much money they have made, doing so?

    • gamblor9567 小时前
      On the one had, while I have no reason to disbelieve this specific blog post about Super Micro, I know for a fact that elements of their other posts about other companies are simply wrong, including a number of their claims about Roblox.

      That's the risk with relying on short sellers' reports. Very frequently, the short seller is lying.

      With SuperMicro, the auditor's withdrawal is worth 100x the short sellers' report. This is because it is very common for short sellers to make up claims about a company's financials, but it is very rare for an auditor to voluntarily withdraw.

      • rpcope17 小时前
        What exactly were they wrong about with regards to Roblox?
      • monero-xmr6 小时前
        I have heard Roblox is way worse than described. So trust random internet anons however you want
  • anonymousiam8 小时前
    Less than four months ago there was a lot of hype urging people to buy SMCI. Can anybody really trust the financial news outlets these days?

    https://www.fool.com/investing/2024/07/13/is-super-micro-com...

    https://www.forbes.com/sites/investor-hub/article/is-super-m...

    https://investorplace.com/2024/03/smci-stock-alert-does-this...

    • OrigamiPastrami7 小时前
      Why do you think you could ever trust them?
    • jprete5 小时前
      Was the Fool article stealth-updated? It's not particularly positive at the moment.
    • 0x4575 小时前
      Love that fool.com article includes an up-to-date stock price graph showing the drop.
    • wongarsu7 小时前
      Betteridge's law of headlines strikes again, even if not all the reporters intended it that way
  • WorkerBee284749 小时前
    This was also content in today's Money Stuff [0]. Middle section, "Super Micro".

    [0] https://www.bloomberg.com/opinion/articles/2024-10-30/florid... or https://archive.is/SGhLe

    • Hilift8 小时前
      Bloomberg was the source that claimed SuperMicro servers were compromised by a grain of rice sized chip that only had two conductor leads on it. https://www.theregister.com/2021/02/12/supermicro_bloomberg_...
      • tivert7 小时前
        > Bloomberg was the source that claimed SuperMicro servers were compromised by a grain of rice sized chip that only had two conductor leads on it.

        In a similar vein, Bloomberg was the source that Continental and United passenger jets were humping mid-air: https://www.reddit.com/r/unitedairlines/comments/13xq64x/thi....

        ...

        You're talking about this cover, right? https://westoahu.hawaii.edu/cyber/vulnerability-research/did...

        I think you're making the mistake of confusing a cover image for a claim. If you have any experience with magazine cover images, you shouldn't take them that literally, because they're not meant to be.

        • rcxdude5 小时前
          Well, the biggest problem was that they basically had no details whatsoever in their report, and it was completely unverifiable.
          • Lammy4 小时前
            I always assumed they were talking about vulnerabilities slipped into BMC firmware or maybe into (counterfeit?) ASPEED BMC chips themselves. If there was one thing an attacker would want to pwn to pwn an entire server, it would be the BMC.

            Verifiable fact: SuperMicro BMC firmwares (really all BMC firmwares from all manufacturers) have and will continue to have exploits: https://www.supermicro.com/en/support/security_BMC_virtual_m...

            Verifiable fact: SuperMicro BMCs' default behavior is to expose itself on the LAN0 port if the dedicated BMC interface has no link: https://www.supermicro.com/manuals/other/IPMI_Users_Guide.pd...

            It's really weird to me how desperate so many people are to shut down any mention of this story instead of adopting a “if it were true, what would it look like?”-and-hope-to-be-wrong approach.

      • mikestew7 小时前
        …and most notably, never retracted the story.
  • fdlaks6 小时前
    They used to give out a calendar every year filled with pictures of their executives (mainly CEO) living a lavish lifestyle. Posing with Ferrari's, ribbon cutting ceremonies, stepping onto the company private jet, etc...

    You could always tell when investors or potential customers were in town because the SMCI parking lot would suddenly have brightly colored sports cars parked right out front of the office, only to vanish shortly after until the next high profile meeting.

    I always thought this was strange, but chalked it up to it being a cultural difference on how business is done in Asia vs the USA, but apparently not. GoPro used to do the same thing at their office in San Mateo back when the stock wasn't circling the drain, two Ferrari's parked right outside the front door as you walked into the building. Appearances can often be deceiving I guess.

    • Nasrudith2 小时前
      I would call it more stupid than strange. It practically screams "Please eat our lunch with a more lean and efficient company!" when they think bragging about how much money they waste is a good thing.
  • johnklos7 小时前
    I'm not surprised about this at all. In spite of having plenty of actually decent products and good demand, the company has a history of acting shady and caring more about perceived appearance than about doing the right thing.

    For instance, they appear to care about security issues that publicly embarrass them or that affect huge customers of theirs, issues that'd've been trivial to fix, instead of fixing issues for the sake of fixing them. This kind of "sales" based security and their responses have forced me to encourage multiple companies to use other vendors.

    • tracerbulletx7 小时前
      That sounds like the majority of companies to me.
    • tasty_freeze6 小时前
      that'd've

      I know what you mean, but that is the first time I've encountered that contraction in print or even in conversation.

  • arminiusreturns7 小时前
    Supermicro and Asus are just about the only ones who make the motherboards I need in my COTS on-prem/dc stuff. Why don't more manufacturers target the server x64 market? It's sorely needed. I've built entire systems with SM, but they've long had issues, there just aren't many alternatives in the space.
    • anonfornoreason7 小时前
      I moved to gigabyte for epyc builds, they seem to run a bit quicker than super micro on initial launch and product line updates.
    • matmatmatmat6 小时前
      I've wondered this, too. I think the market must just not be big enough to support other players?
  • kjrfghslkdjfl7 小时前
    [dead]