Super Micro co-founder indicted on Nvidia smuggling charges leaves board
CNBC
Super Micro said Yih-Shyan "Wally" Liaw, a co-founder, has resigned from the server maker's board after he was indicted in the U.S.
Super Micro Computer said Yih-Shyan "Wally" Liaw, a co-founder, has resigned from the server maker's board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China.
A federal court unsealed the indictment on Thursday. While the company wasn't specified, Liaw, Super Micro's senior vice president of business development, was named, alongside sales manager Ruei-Tsan "Steven" Chang and contractor Ting-Wei "Willy" Sun. Super Micro said it had placed Liaw and Chang on administrative leave and stopped working with Sun.
"Following Mr. Liaw's resignation, the Company's Board comprises eight directors," Super Micro said in a press release late Friday. "There are no changes to the Board's committee structure."
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