Mar. 20 at 1:58 PM
$SMCZ imo no saving this company
https://www.google.com/amp/s/www.cnbc.com/amp/2026/03/19/us-tech-execs-smuggled-nvidia-chips-to-china-prosecutors-say.html
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.
In an indictment unsealed Thursday, the U.S. government alleged that Yih-Shyan "Wally" Liaw, Ruei-Tsan "Steven" Chang and Ting-Wei "Willy" Sun worked together to violate the Export Control Reform Act.
The server company's products containing Nvidia chips "are subject to strict U.S. export controls barring their sale to China without a license," the plaintiff said in the indictment.
