Can Super Micro Computer Recover From Its Latest Disaster?
Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, recently suffered a major setback after federal agents arrested its co-founder and board member, Yih-Shyan "Wally" Liaw. Liaw was accused of violating U.S. export controls by smuggling equipment loaded with Nvidia's (NASDAQ: NVDA) AI chips into China in a scheme that generated $2.5 billion in sales since 2024. The indictment alleges that Liaw, along with a general manager and contractor, used a Southeast Asian company as a middleman to send the ...