🚨 Breaking News: One of Super Micro’s co-founders, Yih-Shyan “Wally” Liaw, has been arrested over a massive alleged scheme involving Nvidia GPUs.
Authorities say Liaw who personally holds about $464 million in Super Micro stock was involved in illegally moving billions of dollars’ worth of Nvidia servers to China. The operation reportedly used a shell company in Southeast Asia to funnel around $2.5 billion in hardware to Chinese buyers.
In just a three-week period during spring 2025, about $510 million worth of servers were allegedly shipped. Investigators also claim thousands of fake “dummy” servers were created to mislead U.S. compliance checks.
One of the more bizarre details: Liaw was reportedly caught on surveillance using a hair dryer to swap serial number stickers on equipment.
Officials say the operation was coordinated through encrypted group chats. Following the news, Super Micro’s stock dropped roughly 12% in after-hours trading.
If convicted, Liaw could face up to 30 years in federal prison.
This is honestly wild. If even half of this is true, it’s one of the boldest and most reckless tech smuggling operations in years. The level of effort fake servers, serial number swaps sounds more like a movie than real life.
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