
"Supermicro confirmed that it is conducting an internal investigation regarding the indictment of two employees and a contractor for diverting AI servers with Nvidia GPUs to Chinese customers. The company is cooperating fully with the criminal investigation and has stated that it is not accused of any wrongdoing."
"The internal inquiry is being led by independent board members Scott Angel and Tally Liu, who have extensive experience in audit and compliance. They have also engaged outside firms, including legal and consultancy experts, to assist in the investigation."
"A separate internal review of Supermicro's Global Trade Compliance Program is being conducted, as the alleged illicit activities were not detected by the company. Supermicro has not set a timetable for the investigation and will provide updates only upon its completion."
Supermicro has initiated an independent investigation following the indictment of two employees and a contractor for violating US export restrictions by diverting AI servers to China. The company is not accused of wrongdoing and is cooperating with the investigation. The inquiry is led by independent board members with extensive experience in audit and compliance. Additionally, a review of Supermicro's Global Trade Compliance Program is underway, as the alleged activities were not detected by the company. No timeline for the investigation has been established.
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