Taiwan raids Super Micro’s office as Nvidia chip smuggling investigation widens
TL;DR
Taiwan raided Super Micro’s office and two affiliated companies as it widens its first criminal probe into Nvidia chip smuggling to China.
Taiwan’s Keelung District Prosecutors Office raided Super Micro Computer’s local office on Monday, widening an investigation into the alleged smuggling of Nvidia chips to China through the company’s servers. The raid also targeted the residences of six individuals and the sites of two other affiliated companies, according to Bloomberg. Super Micro shares fell more than nine percent on the news.
Taiwanese data centre operator Chief Telecom and Super Micro distributor Albatron Technology were also searched, according to a person familiar with the investigation cited by Bloomberg. Albatron confirmed in an exchange filing that it had been searched but did not explain why. Chief Telecom did not immediately comment.
Super Micro said in a statement that it is working closely with Taiwanese authorities and remains committed to protecting...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE