Super Micro Co-Founder Arrested in $2.5B AI Chip Smuggling Scheme

Federal agents arrested the co-founder of Super Micro Computer (Nasdaq: SMCI) on Thursday, charging him with orchestrating a years-long scheme to smuggle billions of dollars in Nvidia-powered servers to China in violation of US export control laws. Yih-Shyan “Wally” Liaw, 71, a US citizen and senior vice president of business development at Supermicro, surrendered to […] The post Super Micro Co-Founder Arrested in $2.5B AI Chip Smuggling Scheme appeared first on the deep dive.