2 hours ago

Super Micro Co-Founder Arrested Over Alleged $2.5B Nvidia AI Server Smuggling Scheme

TLDR: DOJ charges allege $2.5B in Nvidia-powered AI servers were diverted to China through covert routes. Prosecutors claim fake documents and dummy servers were used to bypass U.S. export compliance checks. Over $510M in restricted AI systems allegedly shipped within weeks through a Southeast Asia network. SMCI stock fell after hours as legal risks emerged [...]

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Source: Blockonomi →