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crime1d ago
U.S. prosecutors charge Super Micro Computer employees with smuggling Nvidia chips to China
Cnbc.com and 9 more
- The U.S. Justice Department charged Super Micro co-founder Yih-Shyan Liaw, sales manager Ruei-Tsang Chang, and a contractor with routing U.S.-made servers through Taiwan to Southeast Asia, where they were repackaged and smuggled into China.
- Prosecutors say Liaw and Chang directed Southeast Asian partners to move about $2.5 billion in servers, with some diverted to China after U.S. assembly, exposing a covert cross-border supply chain.
- Shares of Super Micro fell sharply, dropping about 28% on Friday after prosecutors charged three people linked to the company with helping smuggle billions in AI technology to China.
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