Super Micro Computer said on 20 August that a board-led independent investigation found no evidence current senior management knew about an alleged scheme to smuggle $2.5 billion of Nvidia-equipped hardware into China.
The same announcement said the company had taken "several personnel actions... including terminations" among staff in sales, technical support and business development, for failing to follow company policy. Both sentences, one press release.
⚖️ The backdrop: in March the US Justice Department indicted co-founder and board member Yih-Shyan "Wally" Liaw, who pleaded not guilty and now faces trial in March 2027. Supermicro has since received a federal grand jury subpoena and an SEC document request, and four employees were reportedly detained for questioning in Taiwan.
Bernstein's Mark Newman summarised it for Fortune with admirable economy: "They basically said, 'nothing to see here.'"
📎 This is the second internal investigation in two years to clear Supermicro's own management. At some point proving your innocence stops being an event and becomes a line item 🧮
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