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Supermicro Shares Plunge: U.S. Launches New Investigation Into Huang's Alleged Mistress

Vesna Pedchenko

Vesna Pedchenko

Photo: Poetra.RH / Shutterstock.com

Photo: Poetra.RH / Shutterstock.com

Shares of Super Micro Computer, which manufactures servers and other data center equipment, plummeted by more than 11% following a Bloomberg report. A source at the agency said that the U.S. Department of Justice is investigating whether entities linked to Alice Huang—a woman whom U.S. intelligence agencies suspect of spying against the ousted head of Nvidia— — were involved in attempts to smuggle Super Micro Computer products into China.

According to a Bloomberg source, the investigation is being conducted by the U.S. Attorney’s Office for the Southern District of New York. It is unclear whether the investigation into Alice Huang is connected to any of the cases involving the illegal shipment of chips that have already been opened in the U.S. or Asia. The agency previously reported that the Department of Justice is investigating alleged semiconductor smuggling by Megaspeed International, where Alice Huang previously worked. Megaspeed denies any wrongdoing.

Supermicro, representatives of the Department of Justice, and the U.S. Attorney's Office for the Southern District of New York declined to comment on this information to Bloomberg.

Among the cases in which charges have already been filed, the most high-profile one involves Supermicro co-founder Yi-Xian Liao. In March, federal prosecutors in Manhattan charged him and two others with allegedly conspiring to supply servers based on Nvidia chips to an unnamed company in Southeast Asia and then redirecting them to Chinese customers. No charges were brought against Supermicro itself; the company stated at the time that it was cooperating with the investigation. Liao no longer works for the company.

Thanks to Megaspeed, which is the largest buyer of Nvidia chips in Southeast Asia, Alice Huang found herself in the inner circle of Jensen Huang, who was forced to resign today as Nvidia’s CEO because of his connection to her. The Department of Justice is conducting an espionage investigation, as part of which it is examining their relationship, a Bloomberg source said.

Jensen Huang stepped down as CEO and resigned from Nvidias board of directors / Photo: jamesonwu1972 / Shutterstock.com

Nvidia CEO Resigns, Market Cap Plummets to a Record $600 Billion — Online

This article was AI-translated and verified by a human editor

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