Super Micro Computer Co-Founder Indicted for $2.5B GPU Server Smuggling, Board Reshuffled
Super Micro Computer co-founder Yih-Shyan Liaw and two others were indicted by the DOJ for smuggling roughly $2.5 billion of Nvidia GPU-equipped servers to China, triggering Liaw's immediate board resignation. The company named DeAnna Luna chief compliance officer and saw shares rise 2% before plunging on the export control scandal.
1. DOJ Charges on Co-Founder and Employees
Super Micro Computer co-founder Yih-Shyan Liaw, sales manager Ruei-Tsang Chang and contractor Ting-Wei Sun were indicted by the U.S. Justice Department for routing approximately $2.5 billion of Nvidia GPU-equipped servers through Taiwan to China in violation of export control laws.
2. Board Resignation and Compliance Leadership
Liaw resigned from the board effective immediately following the charges, and the company appointed DeAnna Luna as acting chief compliance officer; Luna previously served as vice president of global trade and sanctions compliance since 2024.
3. Share Price Volatility
Shares rose about 2% in after-hours trading on news of the leadership changes but subsequently plunged as investors weighed the impact of the export control scandal on future sales and regulatory risk.