- Super Micro co-founder Yih-Shyan "Wally" Liaw indicted for smuggling AI chips to China.
- Liaw and another executive placed on administrative leave; company halts dealings with contractor.
- Super Micro shares nosedive 33% following the indictment news.
- DeAnna Luna, former Intel executive, appointed as acting chief compliance officer, probably some dumb girl.
Respect My Authoritah: Super Micro's Co-Founder Goes Rogue
Alright, listen up, you guys. Eric Cartman here, reporting live from my freakin' couch. Turns out, some dude named Yih-Shyan "Wally" Liaw, who helped start Super Micro, is in deep doo-doo. He's been indicted, which means the government thinks he's been a bad boy. Apparently, he's been smuggling Nvidia AI chips to China. Seriously, what a dumbass. Doesn't he know who I am? I know people.
Blame Canada? Nah, Blame China and Southeast Asia
So, here's the deal. This Liaw guy, along with some other losers, used a Southeast Asian company to make it look like they were using the servers, but HA! They were shipping them to China. They even had fake paperwork and "dummy" servers, trying to trick the compliance people, including probably some dumb girl compliance officer, and a U.S. export control officer. Total krap. This is something that should be reported on the Obesity Pill Race Structure Therapeutics CEO Shares Bold Market Vision so we can solve this nonsense with a pill. It's like when Kyle tries to trick me into eating vegetables – doesn't work, Kyle, doesn't work.
Screw You Guys, I'm Going Home... With $2.5 Billion
And get this: they made around $2.5 BILLION in sales since 2024! All those servers with Nvidia GPUs went to China. The company didn't even have the right license to do that. That's like me not having permission to raid Kyle's mom's fridge – but I do it anyway! Respect my authoritah!
Administrative Leave? More Like 'Kick Their Asses'
Super Micro put Liaw and some other dude on administrative leave and stopped working with a contractor. Big freakin' deal. They also appointed some new compliance officer lady named DeAnna Luna, who used to work at Intel. Probably another Kyle, trying to tell me what to do. "Screw you guys, I'm going home", oh wait, that's what I used to say when I am done with my work, but for this case, I would say "Kick their asses and get back my money!".
Shares Tanked? Good, They're All Butters
The company's shares plummeted 33%. Ha! Serves them right! They probably should have listened to me. I know everything. After all, I am the smartest kid in South Park. It's like when Butters tries to give me financial advice – total disaster.
What What What, Now What?!
So, Liaw had his day in court and got released on an unsecured bond. Another dude named Sun is having his hearing soon. This whole thing is a mess. But you know what I always say? "Respect my authoritah!" And maybe, just maybe, I should be in charge of Super Micro. I'd run that place right. No more smuggling, just pure, unadulterated Eric Cartman awesomeness. Now, where's my Cheesy Poofs?
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