Super Micro co-founder indicted on Nvidia smuggling charges leaves board

Super Micro Computer said Friday that Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after U.S. prosecutors indicted Liaw on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China.

A federal court unsealed the indictment on Thursday. While the company wasn’t named, Liaw, the company’s senior vice president of business development, was, alongside sales manager Ruei-Tsan “Steven” Chang and contractor Ting-Wei “Willy” Sun. Super Micro said on Thursday that it had placed Liaw and Chang on administrative leave and stopped working with Sun.

On Friday, shares fell 33%.

The company said in a statement late on Friday that it has named DeAnna Luna, an executive who joined from Intel in 2024, as its acting chief compliance officer. Luna has been vice president of global trade and sanctions compliance, according to her LinkedIn profile.

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