Super Micro shares fell 7% after Taiwanese prosecutors indicted two of its employees and one NVIDIA employee, accusing them of illegally exporting 74 AI servers to China
Taiwanese prosecutors have indicted nine individuals, including two employees from Super Micro Computer (SMCI)'s Taiwan division and one employee from NVIDIA's Taiwan division, on charges of illegally exporting 74 AI servers to China through forged documents. The market interpreted this case as individual misconduct by employees rather than a company-level failure in export controls. Consequently, NVIDIA and Hewlett Packard Enterprise (HPE) stock prices remained stable, while Super Micro's stock fell by 7% and Dell's by 2%. Prosecutors emphasized that the indictments were solely against individuals, and Super Micro and NVIDIA themselves were not charged.
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