Super Micro faces probe over $92M Nvidia chip exports and lawsuit
Chinese records show Super Micro systems with $92 million of Nvidia H100/H200 AI chips shipped to Sharetronic in May–June 2025 without US approval, as the co-founder faces charges over $2.5 billion in diverted Nvidia-powered servers. A securities class action alleges false statements and concealed compliance weaknesses, with a May 26, 2026 deadline.
1. Export Probe Uncovered by Chinese Records
Records filed with Chinese government agencies reveal that Sharetronic Data Technology procured 276 Super Micro SYS-821GE-TNHR servers containing Nvidia H100 or H200 chips valued at 632 million yuan ($92 million) in May and June 2025 without obtaining US export approval.
2. Co-Founder Charged Over Diversion of Nvidia Servers
The company’s co-founder is indicted for allegedly diverting $2.5 billion of Nvidia-powered servers to China, prompting intensified US export control enforcement and raising concerns about Super Micro’s export compliance processes.
3. Securities Class Action Lawsuit Filed
A securities class action alleges that Super Micro made false statements and concealed material weaknesses in its compliance controls by not disclosing its involvement in illicit server sales, with investors required to file claims by May 26, 2026.