Supermicro's Stock Price Plummets Due to Smuggling Scandal, Over US$6 Billion in Market Value Wiped Out
15 hour ago / Read about 0 minute
Author:小编   

After its co-founder was indicted in the United States for alleged violations in shipping high-end servers to China, Supermicro, a supplier of artificial intelligence computing equipment, is attempting to stabilize the situation through personnel and compliance adjustments. U.S. prosecutors have accused the company's co-founder, Steve Liao, of shipping U.S.-assembled servers equipped with NVIDIA's cutting-edge chips to China, in violation of U.S. export control regulations. According to the indictment, Liao and two other individuals associated with Supermicro first sold the relevant hardware to an unnamed Southeast Asian company, which then coordinated its shipment to Chinese clients.

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