SMCI Stock Today, March 21: Co‑Founder Indictment Triggers 33% Plunge
SMCI stock fell about 33% today, March 21, after Manhattan prosecutors announced charges against co‑founder Wally Liaw and two associates. The case alleges routing Nvidia-based servers via Southeast Asia to China to bypass U.S. export controls. Shares closed near $30.79, far below the 52‑week high of $62.36 but above the low of $20.35. For German investors, this raises legal and supply‑chain risks, adds volatility, and may shift demand toward rivals. We break down the market impact, valuation reset, technical picture, and next catalysts to watch.
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