semiconductor / news / / MarketScreener
Bloomberg: Firm linked to Thailand's national AI initiative is suspected of helping smuggle billions of dollars' worth of Super Micro Computer servers to China.
Bangkok-based OBON Corp is alleged to have helped smuggle Super Micro servers with Nvidia chips to China.
KEY POINTS
- Prosecutors believe at least $2.5 billion in U.S. AI technology was shipped through this scheme.
- Some smuggled servers allegedly reached Alibaba, despite Alibaba denying business ties with involved parties.
- Super Micro executives and contractor were charged with routing servers through Taiwan and Southeast Asia for concealment.
- Super Micro shareholders have sued the company, alleging concealment of illegal China-related sales in violation of U.S. laws.
COMPANIES
Summarized by Newsio from MarketScreener. How we summarize →