CNBC reported that Super Micro’s stock dropped about 30% after news broke that billions in equipment containing Nvidia AI chips was diverted to China.
Super Micro said one of the defendants was a co-founder and executive of its company, another was a manager and the third was a contractor.
The efforts have yielded around $2.5 billion in sales for the server maker since 2024, with servers sold for $510 million between late April 2025 and mid-May 2025 going to the Southeast Asian company and on to China, the indictment said.
The plaintiff said the server maker had no U.S. Commerce Department license to export servers featuring Nvidia GPUs to China.
