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  3. Super Micro (SMCI) Shares Plunge 22% Following Co-Founder’s Arrest in $2.5B AI Chip Smuggling Case
2 hours ago

Super Micro (SMCI) Shares Plunge 22% Following Co-Founder’s Arrest in $2.5B AI Chip Smuggling Case

Stocks

Super Micro (SMCI) stock plummeted 22% after co-founder Wally Liaw was charged with smuggling $2.5B in Nvidia AI servers to China through elaborate scheme.

The post Super Micro (SMCI) Shares Plunge 22% Following Co-Founder’s Arrest in $2.5B AI Chip Smuggling Case appeared first on Blockonomi.

Source: Blockonomi →

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