StocksMedium•12 November 2026•
1 min read
Super Micro Stock Drops 5% Amid DOJ Probe into Potential China Smuggling
Key Facts
1Super Micro stock fell approximately 5% to trade near $28.80 on Thursday.
2The DOJ is investigating whether entities linked to Alice Huang assisted in smuggling Super Micro products into China.
3The company stated it is cooperating with the probe and is not a defendant.
Super Micro stock fell approximately 5% to trade near $28.80 on Thursday, November 12, 2026. Blockonomi reported that the US Department of Justice is investigating whether entities linked to Alice Huang assisted in smuggling the company's products into China, while Super Micro stated it is cooperating with the probe and is not a defendant in the case.
The decline follows a session where SMCI closed at $30.43 on November 11, 2026, during which the stock reached a day high of $31.19 and a low of $29.12. The company faces significant regulatory risks regarding export controls on AI technology, amid broader investigations into entities suspected of diverting servers to Chinese customers.