Supermicro Board Finds No Management Knowledge of $2.5 B Nvidia Chip Smuggling

Super Micro Computer released a statement that an independent inquiry, overseen by board members Scott Angel and Tally Liu and supported by Munger, Tolles, & Olson and AlixPartners, found no indication senior management knew about an alleged $2.5 billion scheme to export Nvidia-chip-laden hardware to China. The probe reviewed the specific transactions cited in the March DOJ indictment of co-founder Yih-Shyan “Wally” Liaw and a broader set of sales, concluding the company did not sell restricted items to prohibited parties and its financial statements remain reliable.

The company also said it terminated several staff in sales, technical support and business development for policy breaches. Separate investigations persist: Taiwan detained four Supermicro workers last month, and a federal grand jury in New York issued a subpoena for documents related to Liaw and the case, prompting a delay of his trial to March 2027. Investors have called for further management changes, but the firm declined further comment beyond the press release.