Historical replay · SMCI/USD
Super Micro Token Sank to $25.77 on a Probe Report (Nov 2026)
Tokenised Super Micro dropped from $29.11 on the morning of November 12, 2026, to $25.77 in one US-session hour, on reports of a US probe into servers diverted to China. Replay it in hourly steps.
Super Micro Computer had already lost about a third of its value in a month when Thursday, November 12, began. Its tokenised share on Binance had slipped from about $30.70 to $28.90 the evening before, when the first report about Nvidia's board and Jensen Huang hit after-hours trading, and it spent the European morning between $28.60 and $29.11 on a few dozen trades an hour.
The first leg came with Nvidia's announcement. The 13:00 UTC hour, which contained Huang's resignation at 13:48, fell from $28.72 to $27.95, and the 14:00 UTC hour that included the Nasdaq open reached $27.00 before buyers pulled it back to $28.13 on 639 trades. By the end of the 15:00 UTC hour the token was at $28.66, close to where it had started the day.
Then the story turned to Super Micro itself. That day, reports led by Bloomberg said US investigators were examining whether entities linked to Alice Huang, the former Megaspeed executive at the centre of the Nvidia affair, had helped divert Super Micro servers to China. The heaviest selling came in the 16:00 UTC candle, which fell from $28.59 to $25.77 and closed at $26.51 on 1,509 trades, the busiest hour of the replay. The company said Megaspeed is not and has never been its customer, and no charges were reported.
The rest of the session was a slow repair that never reached the morning price: the token climbed to $27.88 in the 19:00 UTC hour and the Nasdaq shares closed at $26.99, down about 11%. In the Asian morning of November 13 it drifted to $26.73. Replay it to see how a stock already caught in a sector shock can take a second, larger hit when the headline names the company directly, after the first dip had been bought.