Super Micro Co-Founder Exits Board As Nvidia Chip Smuggling Indictment Batters Stock

Super Micro Computer, Inc’s co-founder, Yih-Shyan “Wally” Liaw, has resigned from the server maker’s board after a federal indictment accused him of smuggling equipment loaded with Nvidia’s AI chips into China — a scheme that allegedly generated $2.5 billion in sales since 2024 in violation of U.S. export controls. What The Indictment Alleges A U.S. court unsealed the indictment Thursday, naming Liaw — Super Micro’s senior vice president of business development, alongside general manager Ruei-Tsan “Steve ...