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Supermicro Execs Charged in $2.5B AI Server Smuggling

Published 1 week, 6 days ago
Description

US authorities charge Supermicro executives for smuggling $2.5B in AI servers to China, violating export control laws. The trio allegedly used shell companies and fake documents to hide deals. Supermicro, uncharged, cooperates with the investigation. Stock plunges after news, executives in custody or on the run.

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