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The Latest Breaking News from YihShyan Wally Liaw

Supermicro fires several employees following investigation into $2.5 billion China AI chip smuggling — claims that senior management had no knowledge of illicit transactions

An independent investigation on Supermicro clears senior management from any wrong-doing and also says that its financial statements were still reliable, despite the alleged diversion of its restricted products. Nevertheless, some of its employees from sales, technical support, and business development departments were fired for failing to 'follow Company policies…

Tom’s Hardware

Supermicro investigation clears CEO in $2.5 billion alleged smuggling scheme

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

Fortune

Nvidia's Most Advanced AI Servers Reached China Despite US Export Controls, Alleged Scheme Shows

Taiwan is investigating an alleged scheme that used forged documents to divert Nvidia GB300 AI servers to China despite US export controls.

International Business Times UK

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Taiwan raids Supermicro and two supply-chain partners in widening Nvidia smuggling probe — nine sites hit as six people summoned for questioning

Taiwan officials raided Supermicro Computer's Taiwan office on Monday, alongside the homes of six individuals and three affiliated company sites

Tom’s Hardware

After $2.5 billion Supermicro smuggling bust, Nvidia CEO urges company to fix export control compliance — Taiwan also begins to crack down on AI GPU chip smuggling to China

Huang told reporters at Songshan Airport that Nvidia insists its partners follow U.S. trade rules.

Tom’s Hardware

Encrypted texts reveal how Nvidia chips and U.S. tech are being smuggled to China and Russia

American-made tech components are being illegally smuggled to Russia, Iran, and China and lawmakers fear it could give them a battlefield edge.

Fortune

Super Micro Surges Over 20% as Margins Soar, Sales Fall Short

Super Micro Computer is surging once again. See the key dynamics that characterized its latest earnings and how multiple Wall Street analysts reacted.

MarketBeat

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Supermicro CEO insists 'no one' beyond indicted employees were involved in alleged $2.5 billion smuggling scheme

CEO and Chairman Charles Liang said Supermicro’s relationship with vendors including Nvidia, AMD, Intel, and Broadcom was “strong” despite the accusations against a Supermicro cofounder. Supermicro stock rose 17% in after-hours trading.

Fortune

Supermicro's co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope

The company will report financial results on Tuesday after disclosing it has launched an internal probe that could reshape its management and future with the Department of Justice.

Fortune

Super Micro Computer Is Auditing China Allegations Itself. Does That Make SMCI Stock a Buy?

Supermicro launched an independent investigation after three individuals were indicted for alleged export violations. Here's what it means for SMCI stock investors.

Barchart

Supermicro launches probe after cofounder’s arrest on charges of $2.5 billion in chip smuggling

This is the Nvidia-allied server maker’s third internal investigation since 2017.

Fortune

Supermicro soared because of $4 trillion Nvidia—and Jensen Huang can walk away anytime he wants

Nvidia giving Supermicro the cold shoulder on GPUs would gut the hardware manufacturer’s sales.

Fortune

Supermicro co-founder pleads not guilty to smuggling billions of dollars of Nvidia servers to China — suspected smuggler released on $5 million bond

Super Micro Computer co-founder Yih-Shyan "Wally" Liaw pleaded not guilty on Wednesday in a Manhattan federal court.

Tom’s Hardware

Citi Slashes Its Super Micro Stock Price Target by 35% Amid ‘Reputation Risks.’ Should You Buy the SMCI Dip?

Citi cut its Super Micro price target by 35% after a federal indictment rattled SMCI stock. Here's what investors need to know before buying the dip.

Barchart

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news in one place.

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Fortune

Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran

Yih-Shyan “Wally” Liaw was arrested on Thursday and resigned his seat on the Super Micro Computer board on Friday.

International Business Times

How Supermicro Insiders Allegedly Used Fake Servers and Forged Paperwork to Smuggle Nvidia's Most Powerful AI Chips to China

Supermicro co-founder Wally Liaw was arrested on charges of smuggling $2.5 billion in Nvidia AI chips to China using fake servers, forged paperwork, and bribed auditors. SMCI stock crashed 33%. Here is the full story of how the alleged scheme worked.

International Business Times

Supermicro Stock Crashes 33% After Co-Founder Arrested in $2.5 Billion Nvidia Chip Smuggling Scheme Tied to China

Supermicro co-founder Wally Liaw was arrested and charged by federal prosecutors with conspiring to smuggle $2.5 billion in Nvidia AI chip-powered servers to China. Shares of SMCI plunged 33%, erasing over $6 billion in market value. Here's everything investors and the tech industry need to know.

Barchart

Is Dell Stock the Big Winner After Super Micro’s Stunning Implosion?

The unfolding events at Super Micro Computer reveal deep tensions in the AI hardware supply chain. Dell’s established scale and customer trust appear set to play a larger role as market dynamics shift.

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Kiplinger

Dow Logs Worst Weekly Losing Streak Since 2023: Stock Market Today

The S&P 500 and Nasdaq also extended their weekly losing streaks, while the small-cap Russell 2000 officially entered correction territory.

TechRadar

The biggest heist of the US-China Chip War: 3 Supermicro employees charged with conspiracy to smuggle restricted Nvidia H100, H200, and B200 chips to China – dummy boxes, fake labels, and a pass-through company enabled the $2.5 billion scheme

Three men are facing charges of conspiracy to smuggle restricted GPUs to China.

PC Gamer

The co-founder of a major datacenter company has been charged with smuggling $2.5 billion in AI chips to China

Supermicro has put them on administrative leave with another employee also charged, and a third has been fired.

Barchart

Super Micro Computer Stock is Set for Its Worst Day Since 2024 on Nvidia Smuggling Charges

The scandal-plagued AI server stock is getting rocked by new charges from the federal court in New York.

Tom’s Hardware

Supermicro employees accused of smuggling $2.5 billion worth of Nvidia hardware to China — perps used a hairdryer to move serial numbers between real hardware and thousands of dummy servers

Three Super Micro employees have been charged with conspiring to unlawfully divert cutting edge U.S. artificial intelligence technology to China.

International Business Times UK

Who Is Yih-Shyan 'Wally' Liaw: Super Micro Co-Founder Charged with Smuggling NVIDIA Chips

Silicon Valley's Yih-Shyan 'Wally' Liaw, co-founder of Super Micro Computer, arrested for allegedly smuggling AI servers to China, violating US export laws. Discover the impact on the tech industry.

International Business Times UK

FBI Charges Super Micro Insiders for Using Fake Documents and Shell Companies to Send Nvidia Chips to China

How the FBI's arrest of a Super Micro co-founder for a $2.5 billion AI server smuggling scheme to China impacts US export controls and national security. Explore the implications for AI tech and US-China relations.

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