For investors, the key question is whether management will be able to remove the doubts about the company’s finances when it does publish its earnings.

Financial writer discusses Super Micro Computer's drastic stock drop, accounting scandal, and limited upside potential despite overcoming challenges.

Super Micro has had a wild year, first getting caught up in the optimism about artificial intelligence before being dragged down by problems with accounting that saw its auditor resign.

This has been a highly volatile stock to own this year, and that trend may continue into 2025. While there hasn't been any new bad news to weigh on the stock, investors should tread carefully with Super Micro Computer. The best option at this stage may be a wait-and-see approach with the stock.

Shares of Super Micro Computer Inc. SMCI rose 5.96% to $34.33 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.10% to 6,040.