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Super Micro says two Taiwan staff detained in probe involving its AI servers
Reuters85d agobearish
Super Micro says two Taiwan staff detained in probe involving its AI servers

Super Micro said on Wednesday that two workers at its Taiwan unit had been detained pending a court hearing and two others released on bail after being ‌questioned by Taiwanese prosecutors investigating the alleged illegal export of advanced AI servers containing Nvidia chips. The servers ‌are made by Super Micro and contain Nvidia chips, which are subject to U.S. export controls prohibiting export to China. The four workers were among ​six people questioned earlier this week when Taiwan's Keelung District Prosecutors' Office said it had launched a second round of searches in the probe.

Why Super Micro (SMCI) Stock Is Down Today
StockStory85d agoneutral
Why Super Micro (SMCI) Stock Is Down Today

Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 4.5% in the afternoon session after reports revealed that Taiwanese prosecutors detained two of its employees following a raid on the company's local offices in connection with an investigation into alleged Nvidia chip smuggling.

Super Micro Computer Is a Massive Catalyst for Meta Platforms
24/7 Wall St.86d agoneutral
Super Micro Computer Is a Massive Catalyst for Meta Platforms

Super Micro Computer (NASDAQ:SMCI) is back in every AI headline this week after rocketing 14.94% in five sessions and 15.66% in a single day, dragging momentum traders back into the thinnest-margin trade in the AI complex. But here is what you should actually be watching. The SMCI Setup Is Breaking Strip away the bounce and ... Super Micro Computer Is a Massive Catalyst for Meta Platforms

New Nancy Pelosi? Senator Ashley Moody Up 310% in One Year With These Stocks
24/7 Wall St.86d agoneutral
New Nancy Pelosi? Senator Ashley Moody Up 310% in One Year With These Stocks

If you sort all the top politicians with a portfolio of above $1 million using their annual gains, who do you expect at the top? Likely Nancy Pelosi, but that’s not the case. A Republican Senator named Ashley Moody has gained 310% in the past year using her portfolio. Her portfolio and her (lack of) ... New Nancy Pelosi? Senator Ashley Moody Up 310% in One Year With These Stocks

Investing.com86d agoneutral
Taiwan prosecutors detain Super Micro employees over chip exports

Investing.com -- Taiwanese prosecutors detained two Super Micro Computer Inc. employees on Wednesday following a raid of the company's local offices earlier this week over alleged shipments of Nvidia Corp. chips to China, according to a Bloomberg report early Wednesday.

Super Micro, Dell Gain 4% a Day After Super Micro’s Taiwan-Probe Plunge
24/7 Wall St.87d agobearish
Super Micro, Dell Gain 4% a Day After Super Micro’s Taiwan-Probe Plunge

Super Micro Computer (NASDAQ:SMCI) stock is up 4% to $29.25 in mid-morning trading on Tuesday, clawing back part of yesterday’s 8% drop tied to a Taiwan probe of alleged NVIDIA (NASDAQ:NVDA) AI chip smuggling. Dell Technologies (NYSE:DELL) stock is also higher, up 4% to $430.93. Hewlett Packard Enterprise (NYSE:HPE) stock is the laggard of the ... Super Micro, Dell Gain 4% a Day After Super Micro’s Taiwan-Probe Plunge

Taiwan Steps Up Probe Into AI Hardware Smuggling
The Wall Street Journal87d agobearish
Taiwan Steps Up Probe Into AI Hardware Smuggling

Taiwanese authorities escalated a probe into the unauthorized diversion of advanced artificial-intelligence servers made by Super Micro Computer, as part of efforts to crack down on the alleged smuggling of Nvidia chips to China.

Why U.S. AI Restrictions Could Give China an Unexpected Advantage Following the Android Playbook
24/7 Wall St.87d agoneutral
Why U.S. AI Restrictions Could Give China an Unexpected Advantage Following the Android Playbook

CNBC’s Deirdre Bosa explained a counterintuitive thesis on the AI cold war in a recent CNBC segment. Paradoxically, she argued that U.S. efforts to wall off access to the most advanced American AI models could unintentionally accelerate China’s rise in AI. The concern is that policies designed to protect America’s lead may instead encourage developers ... Why U.S. AI Restrictions Could Give China an Unexpected Advantage Following the Android Playbook