“Super Micro shares tank 33% after employees charged with smuggling Nvidia chips to China”
April 12, 2026
“People tied to an unnamed U.S. server maker illegally diverted billions in equipment containing Nvidia artificial intelligence chips to China, U.S. prosecutors said.
Super Micro said one of the defendants was a co-founder and executive of its company, another was a manager, and the third was a contractor.
Shares of Super Micro fell about 30%…”
https://www.cnbc.com/2026/03/19/us-tech-execs-smuggled-nvidia-chips-to-china-prosecutors-say.html