Geopolitical Risk Meets Export Controls: Super Micro Scandal Amplifies Tech Rout Amid Iran Escalation
The S&P 500 plunged -1.51% and Nasdaq -2.01% Friday on Iran escalation headlines, with VIX spiking +11.31% to 26.78 . Super Micro shares plunged 33% on Friday after the US charged a Super Micro Computer Inc. co-founder with illegally diverting billions of dollars in Nvidia Corp.-powered servers to C