Market Shocker: Super Micro Co-Founder Charged with Sending Nvidia AI Chips to China, Shares Plummet 27%
https://www.breitbart.com/tech/2026/03/20/market-shocker-super-micro-co-founder-charged-with-sending-nvidia-ai-chips-to-china-shares-plummet-27/
Federal prosecutors have charged three individuals connected to server manufacturer Super Micro Computer, including the tech giant’s co-founder, with illegally diverting billions of dollars worth of Nvidia-powered AI servers to China in violation of U.S. export controls.
CNBC reports that the U.S. Attorney’s Office for the Southern District of New York unsealed an indictment on Thursday charging Yih-Shyan “Wally” Liaw, Ruei-Tsan “Steven” Chang, and Ting-Wei “Willy” Sun with violating the Export Control Reform Act. The charges relate to an alleged scheme to smuggle advanced AI technology containing Nvidia chips to China, despite strict export restrictions designed to protect U.S. national security interests. Continue…