"Prosecutors say Liaw and two associates hid them in servers, and then sold the servers to a Southeast Asian company, which repackaged them and sent them to China without the required U.S. export license."
"The alleged scheme involved fake paperwork and concealment tactics to fool Super Micro's compliance team, according to the indictment."
"U.S. export controls ban the sale of Nvidia's advanced B200 and H200 chips to China without a license, citing national security concerns."
"If convicted, Liaw faces up to 20 years in prison."
Wally Liaw, co-founder of Super Micro, was arrested for allegedly smuggling $2.5 billion worth of Nvidia AI chips to China. Prosecutors claim he and two associates concealed the chips in servers and sold them to a Southeast Asian company, which then repackaged and exported them to China without the necessary U.S. export license. The indictment states that the scheme involved fake paperwork to deceive Super Micro's compliance team. Liaw could face up to 20 years in prison if convicted.
Read at Entrepreneur
Unable to calculate read time
Collection
[
|
...
]