Super Micro Computer announced it has hired BDO as its new auditor and submitted a compliance plan to Nasdaq. CEO Charles Liang emphasized urgency in addressing financial statement delays. Super Micro's 2024 year-end report filing was delayed after Ernst & Young stepped down as its auditor in October. Super Micro's shares surged more than twentyfold from early 2022 to their peak in March 2023 but have declined sharply amid Nasdaq compliance issues. The company's market cap, once $70 billion, stood at over $12 billion on Monday. Shares surged 37% in extended trading.