Super Micro Taiwan Offices Raided in Widening Probe Into $2.5 Billion NVIDIA Chip Smuggling Ring; Shares Plunge 8%

Super Micro Computer shares dropped over 8% Monday after Taiwanese prosecutors raided its local offices as part of an expanding investigation into the alleged smuggling of NVIDIA AI chip-equipped servers to China. The operation searched 12 locations including the offices of Chief Telecom and distributor Albatron Technology, and summoned six individuals for questioning. The raids widen a case that began in May with arrests over falsified export documents. The actions follow US indictments alleging a $2.5 billion smuggling scheme involving Super Micro’s co-founder. Taiwan currently lacks specific criminal statutes for AI chip re-exports but is considering legislation to close that...