Finding a new auditor is a crucial next step for the company. Supermicro stock is already in danger of being delisted from the Nasdaq exchange due to missing 10-K filing deadlines, and Ernst & Young's resignation as auditor will make it difficult for the tech company to get the report filed on time. While Supermicro may be able to negotiate an extension for filing the report, its stock faces a significant risk of being delisted. Shares could continue to trade on the over-the-counter market, but delisting would likely trigger more big sell-offs for the stock.