Overview
- Manhattan prosecutors unsealed an indictment naming Super Micro co‑founder Yih‑Shyan "Wally" Liaw, Taiwan‑based manager Ruei‑Tsang "Steven" Chang, and contractor Ting‑Wei "Willy" Sun.
- Liaw and Sun were arrested in California, with Liaw released on bail and Sun held for a bail hearing, while Chang remains a fugitive, authorities said.
- Prosecutors say a Southeast Asian intermediary, falsified documents, repackaging, and thousands of dummy servers with swapped serial labels were used to defeat export audits.
- The filing alleges roughly $2.5 billion in U.S.-assembled servers with Nvidia GPUs were diverted since 2024, including at least $510 million shipped to China between late April and mid‑May 2025.
- Super Micro says it is cooperating, placed Liaw and Chang on leave and ended its contractor tie with Sun; Nvidia emphasized export‑law compliance, and Super Micro shares fell as much as 22% in extended trading.