Shares of Super Micro, the small server component manufacturer cited by Bloomberg as central to a spying scandal involving China, shed more than half their market value Thursday.
Super Micro has denied the claims, as have Apple and AWS, who were cited in the report as having received rogue microchips capable of spying in equipment made for their data centers.
Trading of the small server company's common stock was suspended on the Nasdaq was Aug. 23 after repeatedly missing SEC filing deadlines. Super Micro shares now trade on over-the-counter markets.
The report, citing numerous government officials, said the microchips allegedly found in Super Micro equipment have been under investigation for years. The allegations come as the Trump administration has repeatedly said trade with China has been hampered by the country's alleged cyberattacks and IP thefts against the U.S.
No comments:
Post a Comment