Super Micro shares tumbled 15% after Bloomberg reported that the US attorney’s office in Manhattan is leading a Justice Department investigation into whether entities linked to Alice Huang helped smuggle the company’s Nvidia-powered servers to China. The inquiry follows a March case in which a Super Micro co-founder was charged in a $2.5 billion China smuggling scheme, though it remains unclear whether the probes are connected. Former Nvidia CEO Jensen Huang, who resigned amid scrutiny of his affair with Alice Huang, is not a target of the US investigations.
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Super Micro Drops 15% on Manhattan DOJ Probe Into Alice Huang Server Smuggling
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