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Market Watch · Mar 20, 2026 2:20 AM EDT Technology

Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, U.S. government says

Shares of Super Micro fall, though the company itself was not named in the federal indictment that charged Wally Liaw and two others

Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, U.S. government says
Image Market Watch

AI brief

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What happened
Why it matters
What to watch
Who's exposed
  • SMCISuper Micro Computer Named
  • NVDANvidia Named

Companies named in the story.

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How this story developed

7 reports over 19h 51m
  1. CNBC Top Stories U.S. prosecutors charge Super Micro Computer employees with smuggling Nvidia chips to China Neutral 0
  2. Bezinga News DOJ Charges Spark 12% After-Hours Plunge In Super Micro Stock (SMCI) Over Alleged Illegal AI Exports To China Strong bearish −87
  3. Market Watch You're reading this Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, U.S. government says Neutral 0
  4. Cointelegraph Super Micro co-founder arrested over alleged $2.5B AI chip smuggling scheme
  5. CNBC Finance Stocks making the biggest moves premarket: York Space Systems, Super Micro Computer, Planet Labs, FedEx & more Neutral 0
  6. Market Watch Super Micro's stock sinks 28% after co-founder's indictment. Here are Wall Street's biggest questions. Strong bearish −80
  7. New York Post Business Super Micro shares plunge as US charges co-founder, two more for smuggling AI chips to China Strong bearish −76

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