Wow! That's a thing. And ouch!

Hmmm... not the same but shades of Abit there in terms of breakdown of trust between owners / top management vs others questioning money/accounting...
Doubt Supermicro would fall in to same trap/fate, but you never know - Asus, Gigabyte, MSI, hell even ASRock all have server and industrial 'teams' and products lines and I'm sure they'd happily provide whatever Supermicro did.

Good on the auditors for bailing.
A common precursor to a bubble popping is the exposure of corruption. And here the ML bubble should deflate.

Damn, the world needs super micro
Them gone would be the same as the death of SUN.

kondaminDamn, the world needs super micro
Them gone would be the same as the death of SUN.

lol, they're not gone. They're just gonna be fined and their stock price will get crushed down to its real value. Have you seen the share price in the last 12 months???

thesmokingmanlol, they're not gone. They're just gonna be fined and their stock price will get crushed down to its real value. Have you seen the share price in the last 12 months???

Well sure the only company in the sector that is near their real value is intel at the moment.

Doesn't mean that this level of distrust in the management can't be disastrous, especially for a company like super micro that needs to be able to get short term credit

Yea I wonder what contractual obligations E&Y have if something like this arises...

Only thing I remember about Supermicro is that they hid AMD Opteron products on their website back in the day in order not to anger Intel.

Good riddance to another Intel anti-trust enabler.

PhilaphlousYea I wonder what contractual obligations E&Y have if something like this arises...

Those would be negated in the instance(any) of inaccurate info being rendered by the company being represented.

There's certainly something goofy going on there after all the rumors. Which is a shame because I generally like their hardware.

JohHGood on the auditors for bailing.
A common precursor to a bubble popping is the exposure of corruption. And here the ML bubble should deflate.

ML is not a bubble and it's not going anywhere and it's an actual good use for GPUs.

SOAREVERSORML is not a bubble and it's not going anywhere and it's an actual good use for GPUs.

It is a bubble. The cap ex race which lifted all tech boats will taper off and the market will over-react with sell offs. That's a bubble.
Much like there was a "dot com" bubble despite the web being an actual good use for computers.

JohHIt is a bubble. The cap ex race which lifted all tech boats will taper off and the market will over-react with sell offs. That's a bubble.
Much like there was a "dot com" bubble despite the web being an actual good use for computers.

No it's not. It's the future. The question is who's left standing after to take all the marbles. Aka the next likes of Amazon.

SOAREVERSORNo it's not. It's the future. The question is who's left standing after to take all the marbles. Aka the next likes of Amazon.

No amount of being the future stops the formation of an economic bubble with its corresponding over-correction. Much like railway mania or the dot com bubble, being the future actually increases the odds of a bubble forming. And we are now in the ML bubble. As it deflates certain companies (like Super Micro and AMD) will have their excessive valuation corrected. And historically bubbles have usually started collapsing as fraud was exposed.

SOAREVERSORNo it's not. It's the future. The question is who's left standing after to take all the marbles. Aka the next likes of Amazon.

Your hopes to profit from ml balloon:

DavenOnly thing I remember about Supermicro is that they hid AMD Opteron products on their website back in the day in order not to anger Intel.

Good riddance to another Intel anti-trust enabler.

But they sold them unlike everyone else

TumbleGeorgeYour hopes to profit from ml balloon:

Oh you can profit from balloons alright, you can even make massive amount of money if you time it just right

R-T-BThere's certainly something goofy going on there after all the rumors. Which is a shame because I generally like their hardware.

When the auditor jumps ship it's probably way beyond goofy.

SOAREVERSORML is not a bubble and it's not going anywhere and it's an actual good use for GPUs.

There is just no way the amount of resources poured in right now are going to pay themselves back. That will only happen for the small selection of winners, read, Nvidia. ML and AI isn't going away no, but the immense waste that is created in the race for more of it (and especially, making buck out of it) is going to go somewhere. Its not like the overall operation is going to get cheaper to run, so you're going to have to get more results out of it. I'm not seeing much of that. We hear companies say they're 'doing things with AI' but they also did these things before AI.

It all still sounds way too much like crypto: 'Come here, this is really good, you'll make a lot of money and you'll be part of the creation of something new, be a big stakeholder in it, too'. And on the far horizon: 'Eventually this will be useful for all of us, change the world'. Nothing materialized.

SOAREVERSORNo it's not. It's the future. The question is who's left standing after to take all the marbles. Aka the next likes of Amazon.

Oh no it's a bubble all right and a big one. If you have shares in those parts watch them closely because it will pop Nvidia shares will fall and will fall hard to name an obvious one. In the 2000's Internet was everything and yes internet is still here but a lot of companies got rated way and way too high and crashed. Even the behemoths like Google and Microsoft felt it. That there is a bubble that doesn't mean the industry can't survive however companies will feel it and will get their feet on the ground. In the end the little people are those who feel it the hardest. Those who stept in the bubble by being talked into it when the shares were already high.

SOAREVERSORML is not a bubble and it's not going anywhere and it's an actual good use for GPUs.

Not necessarily a good use of GPUs technically - GPUs are capable of a lot more advanced calculations compared to what a lot of ML uses actually are tuned for, apart from the training aspect where maybe the higher FP32/64 capabilities will be put to use vs the INT8/FP8 logic for quick execution, at which point you always have a portion of the silicon not doing anything whichever way you use it.

If it wasn't for all the CPU vendors implementing NPUs into future CPU SoCs and GPU makers tweaking their designs to better incorporate ML tasks (because really, the 'tensor' cores in the Nvidia GPUs aren't really doing anything else other than DLSS) we may have maybe seen a proliferation of NPU ASIC add-on cards akin to when Ageia did the PhysX cards.

Also, a bubble doesn't need to exist seperate to a useful thing. E.g. a housing bubble doesn't mean housing was a waste of time, the dot-com bubble didn't mean the internet wasn't useful, etc.
It's just that recently we've had some bubbles around things that don't have immediately applicable uses for the majority of people (i.e. blockchain), or in some cases vaguely any use at all (i.e. NFTs, specifically celebrity backed 'club' NFTs), which, if anything, have facilitated numerous pump & dump behaviour and schemes by those in control or 'celebrities' (and I use that would loosely) involved in these schemes.

There is definitely an investment bubble around ML, and it wouldn't surprise me to find the existance of a number of dubious startups which are ultimately just grifting and basically using OpenAI or some other GPT/ML software model and probably doing not much else to develop, simply to just pull in investment with likely no actual future planning in place.
The fact that AI is being tagged on to so many things and being attributed to things that already existed before the whole 'AI' inferencing thing took off is, to an extent, an example of how hype is fuelling this.

This will hurt.

Nvidia said to be routing orders away from Super Micro amid accounting woes

finance.yahoo.com/news/nvidia-said-routing-orders-away-151049085.html

thesmokingmanThis will hurt.



finance.yahoo.com/news/nvidia-said-routing-orders-away-151049085.html

Yeah, it might.

lexluthermiesterYeah, it might.

The one positive thing for them is that X.AI uses their racks. And Elon has a hankering for another lot 100K H200s. It's a good watch below, warning lots of praise from Jensen at Elon.