Super Micro co-founder indicted on Nvidia smuggling charges leaves board

NoodlesOrTokens · 2026-03-20T21:18:38+00:00

Super Micro Computer co-founder Yih-Shyan Liaw resigned after being indicted for allegedly smuggling Nvidia AI chips to China. The company's shares dropped 33% following the news. An executive from Intel has been appointed as acting chief compliance officer.

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2026-03-20 21:18:38

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Super Micro Computer said Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China.

A federal court unsealed the indictment on Thursday. While the company wasn’t specified, Liaw, Super Micro’s senior vice president of business development, was named, alongside sales manager Ruei-Tsan “Steven” Chang and contractor Ting-Wei “Willy” Sun. Super Micro said it had placed Liaw and Chang on administrative leave and stopped working with Sun.

“Following Mr. Liaw’s resignation, the Company’s Board comprises eight directors,” Super Micro said in a press release late Friday. “There are no changes to the Board’s committee structure.”

Super Micro shares plummeted 33% in regular trading, following the indictment.

The company said in a statement late Friday that it has named DeAnna Luna, an executive who joined from Intel in 2024, as its acting chief compliance officer. Luna has been vice president of global trade and sanctions compliance, according to her LinkedIn profile.

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Prosecutors charge Super Micro with smuggling chips to China

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