Jul. 14 at 12:29 AM
$SMCI Yes, those risks belong in the valuation. But major companies have survived serious failures before.
$DELL was formally charged by the SEC with accounting fraud.
$AMZN has suffered major infrastructure failures, and
$NVDA spent years being underestimated and came close to failing entirely, Jensen was hated.
The question is not whether SMCI is flawless it clearly is not. But thats where wealth was created, companies like
$DELL,
$NVDA,
$AMZN who had heat similar to what
$SMCI has now.
SMCI itself has not been charged in the recent export case, its major suppliers have not cut it off, customers continue ordering, and revenue is still expanding. It does not automatically justify valuing a growing AI infrastructure business as though the business is collapsing.
History does not guarantee SMCI succeeds, but it does show that controversy and operational mistakes are not, by themselves, proof that a strategically important company cannot recover.
