【SMCI】Super Micro Computer Plunged 29% as Co-Founder Charged, Accused of Conspiring to Illegally Export AI Technology to China

SocialAnxietyStaker · 2026-03-20T14:03:07+00:00

Supermicro co-founder has been indicted on suspicion of allegedly conspiring to illegally export AI technology to China, with the stock price plummeting 29%. Prosecutors allege violations of export controls and attempted resale of high-performance servers to China. Supermicro stated that the defendant's actions violated company policy and the company is fully cooperating with the investigation.

SocialAnxietyStaker

2026-03-20 14:03:07

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Super Micro Computer (SMCI) Co-founder indicted in New York for allegedly conspiring to illegally export AI technology worth billions of dollars to China. Following the news, Super Micro’s stock price dropped 29%, reaching a low of $21.85.

U.S. prosecutors accused Yih-Shyan “Wally” Liaw of planning to ship high-performance AI-capable servers assembled in the U.S. to China, violating U.S. export control regulations. The prosecution stated that since 2024, the defendant and others sold $2.5 billion worth of servers to a Southeast Asian company, intending to resell them to China. The indictment claims that the “flagship” products received by Chinese customers were equipped with NVIDIA GPUs, with no markings on the packaging.

Super Micro stated that it was notified that the U.S. Southern District of New York Prosecutor’s Office has formally charged three individuals related to the company, accusing them of conspiracy to violate export control laws. The company emphasized that it is not named as a defendant in the indictment. The accused include Senior Vice President of Business Development and Board Member Yih-Shyan “Wally” Liaw, Taiwan Sales Manager Ruei-Tsang “Steven” Chang, and contractor Ting-Wei “Willy” Sun. The company has immediately suspended the employment of the two employees and terminated its relationship with the contractor.

Super Micro noted that the personal conduct described in the indictment has severely violated company policies and compliance controls, including attempts to circumvent applicable export laws and regulations. The company maintains strict compliance programs and is committed to fully adhering to all U.S. export and re-export laws. The company is cooperating fully with the investigation.

Source: Super Micro Computer

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