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Super Micro shares tank 25% after employees charged with smuggling Nvidia chips to China
CNBC TechnologyMar 20, 2026
AI Summary
Super Micro shares plummeted 25% following the indictment of employees for allegedly smuggling Nvidia chips to China, amid U.S. efforts to curb illegal exports of advanced AI technology. This incident raises concerns about the company's compliance and could impact its reputation and business operations in a critical market.
The U.S. government has been trying to crack down on illegal shipments of top-tier Nvidia artificial intelligence chips to China.
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