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On March 19, the U.S. Department of Justice unsealed an indictment against three people tied to Super Micro Computer.
The DOJ indicted Super Micro co-founder Wally Liaw for allegedly diverting $2.5B in Nvidia AI servers to China.
KEY POINTS
- Oracle canceled a $1.1–$1.4B Nvidia server order with Super Micro, linked to DOJ legal concerns.
- Supply-chain checks revealed Super Micro holds excess B200 GPU inventory originally stocked for xAI, which shifted orders to Dell and HPE.
- Super Micro is facing multiple class-action suits, with a lead plaintiff deadline of May 26, 2024.
- Despite legal headwinds, Super Micro's Q2 2026 sales jumped to $12.7B and net income rose significantly.
COMPANIES
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