Super Micro Computer, Inc’s (NASDAQ:SMCI) co-founder, Yih-Shyan “Wally” Liaw, has resigned from the server maker’s board after a federal indictment accused him of smuggling equipment loaded with Nvidia’s (NASDAQ:NVDA) AI chips into China — a scheme that allegedly generated $2.5 billion in sales since 2024 in violation of U.S. export controls.
What The Indictment Alleges
A U.S. court unsealed the indictment Thursday, naming Liaw — Super Micro’s senior vice president of business development, alongside general manager Ruei-Tsan “Steven” Chang and contractor Ting-Wei “Willy” Sun.
Prosecutors allege the trio used a Southeast Asian company as a middleman, which generated fake paperwork suggesting it was the end user of the servers. A separate logistics firm then repackaged the hardware to conceal its destination before it was shipped on to China.
The …
