Could Super Micro Computer's Troubles Sink Nvidia's Stock?
The U.S. government has charged multiple people connected with Super Micro Computer (NASDAQ: SMCI) with smuggling Nvidia (NASDAQ: NVDA)'s advanced chips to China, including Wally Liaw, a co-founder of Super Micro. Given the close relationship between the two companies, it's not surprising that Nvidia's stock has been falling amid these concerning developments.
While there's no reason to believe the tech company is involved in any wrongdoing, it would suggest that at least some of its growth can be attributed to the Chinese market -- something that investors have largely assumed hasn't been the case. Here's why this can be a big problem for the tech giant.
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Source Fool.com
