Super Micro Review Removes Restatement Risk, but $2.5B China Allegations Remain
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4 Articles
Super Micro Computer completed its investigation into an alleged scheme revealed earlier this year, in which two employees and a service provider would have smuggled advanced chips from Nvidia to China. Exclusive material for subscribers. To have full access, access the link of the material and register.
Super Micro Review Removes Restatement Risk, but $2.5B China Allegations Remain
Super Micro Computer says an independent board investigation found no evidence that its current senior management knew about an alleged scheme to divert export controlled artificial intelligence servers to China. The review also found no evidence that Super Micro directly sold restricted products to known prohibited parties or locations.Visit Website
Super Micro Says Top Management Didn’t Know of Diversion Scheme
Super Micro Computer Inc. completed an independent investigation into its export compliance program, with the investigation team concluding the company’s senior managment had no knowledge of an alleged diversion scheme involving Nvidia Corp. chips.
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