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The Latest Breaking News from YihShyan Wally Liaw

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

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

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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

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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

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.

Fortune

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.

International Business Times

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.

Barchart

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.

Kiplinger

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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.

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news in one place.

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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.

Fortune

Supermicro’s cofounder was just accused of smuggling $2.5 billion in GPUs to China

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's stock.

The Independent UK

3 men are charged with conspiring to smuggle US artificial intelligence to China

A senior vice president of Super Micro Computer Inc. and two others affiliated with the company have been charged with conspiring to smuggle billions of dollars of computer servers containing advanced Nvidia chips to China

Fortune

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

People

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