Supermicro’s co-founder was just arrested for allegedly smuggling $2.5 billion in GPUs to China

Supermicro’s co-founder was just arrested for allegedly smuggling $2.5 billion in GPUs to China

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's stock.

Federal agents on Thursday arrested Yih-Shyan Wally Liaw, a prominent Silicon Valley executive deep in the AI ecosystem who co-founded Supermicro in 1993 and is a close confidante of CEO and chairman… [+11486 chars]

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Supermicro’s co-founder was just arrested for allegedly smuggling $2.5 billion in GPUs to China - FHMnews