Super Micro Computer (SMCI) shares were active in late trading on Tuesday after the embattled artificial intelligence server maker reported fiscal first-quarter results. Read for more.

Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting from the Nasdaq exchange. This could dramatically reduce Supermicro's liquidity by forcing it to trade over the counter, a designation that could make shares harder to access, likely hurting the company's valuation.

A major selloff of the server company’s shares looks like it may continue into a second day after news broke that its auditor has resigned. Shares in Super Micro Computer, Inc. (Nasdaq: SMCI) have had a roller coaster of a year,