SMCI Class Action Cites $10B Accounts-Payable Gap Not Reflected in NVDA Disclosures
Pomerantz LLP alleges SMCI failed to disclose the disappearance of a $10B payables figure that found no corresponding footprint in Nvidia's supplier reporting, raising audit-integrity questions that could widen risk premiums across the AI server supply chain.
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Super Micro Computer (SMCI), a leading supplier of server hardware to hyperscalers, is facing renewed scrutiny over accounting practices following Pomerantz LLP's filing of a class action on behalf of shareholders. The suit alleges that SMCI has not been forthcoming about supplier relationships, accounts payable management, and the integrity of financial statements. Critics point to a specific anomaly: a $10 billion accounts-payable figure that disappeared from SMCI's books in a recent quarter, and which did not manifest in supplier disclosures from Nvidia, SMCI's largest customer and the last major supplier to report earnings.