Bloomberg reports, drawing on a statement from the Keelung District Prosecutors Office in Taiwan, that Taiwanese judicial authorities have recently carried out searches at several locations suspected of involvement in the smuggling of NVIDIA GPUs to China. Among these locations were the Taiwan offices of server manufacturer Super Micro Computer. The investigation uncovered that certain executives at Super Micro Computer allegedly employed Southeast Asian companies as intermediaries to obscure U.S. export-restricted NVIDIA GPUs within servers and illicitly transport them to mainland China as fully assembled systems. The individuals implicated in this scheme resorted to tactics such as falsifying documents and modifying equipment labels to disguise the movement of the chips, with the case involving staggering sums of up to $2.5 billion. At present, Super Micro Computer's co-founder, Liao Yixian, and contractor, Sun Tingwei, have been apprehended, while Zhang Ruicang, the sales manager for the Taiwan region, is still at large. Super Micro Computer has clarified that the actions of the employees in question contravene company policies and that the company is fully cooperating with the ongoing investigation. In the wake of this news, Super Micro Computer's stock price experienced a 6% decline in a single trading day, reflecting market concerns over the unfolding situation.
