Here is the statement in full: "Supermicro is committed to protecting our advanced technologies and intellectual property, and we are proud to have worked closely with Taiwanese authorities on the recent event, helping to prevent the illicit diversion of our highly sought-after systems into the restricted China market. Our collaboration with authorities in Taiwan resulted in the arrest of three suspects and the seizure of 50 servers that had been deceptively acquired after being sold by Supermicro to an authorized reseller. We thank local law enforcement and legal officials for their vigilance and professionalism.
The initial transaction – Supermicro's sale of products to an authorized reseller – followed a rigorous vetting and review process that exceeded applicable government requirements. This case highlights the challenges that can arise when products are resold through multiple downstream parties beyond direct manufacturer control. It also underscores the importance of continued collaboration across industry and government to strengthen safeguards, enhance supply chain visibility, and facilitate the enforcement of export control laws. Supermicro will continue to cooperate with law enforcement and government officials in the United States, Taiwan and other jurisdictions to ensure our technology is distributed as lawfully intended."
Taiwan authorities arrest three on suspicion of smuggling Nvidia chips to China
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/supermicro-says-it-assisted-taiwanese-authorities-in-server-smuggling-bust-that-led-to-three-arrests-company-issues-statement-on-working-with-us-taiwan-to-block-illicit-diversion-of-servers-to-china#main
- https://www.tomshardware.com/subscription
- Kevin O'Leary claims Chinese propaganda is to blame for anti-datacenter backlash, 'hundreds of millions of dollars' being spent to kill US dominance in AI — ind
- ‘Your Career Starts at the Beginning of the AI Revolution,’ NVIDIA CEO Tells Graduates
- Sea You in the Cloud: ‘Subnautica 2’ Early Access Dives Onto GeForce NOW
- Mystery company accidentally blew $500 million on Claude AI in a single month — failed to put usage limit on licenses for employees
- Samsung Display announces world's first 360 Hz 4K QD-OLED panel — dual-mode support also offers 680Hz at FHD, 10 customers reportedly lined up
Informational only. No financial advice. Do your own research.