Super Micro Computer Plummets Over 28% Following Co-Founder's Alleged Illegal Export Charges

Stock News

Mar 20

Shares of Super Micro Computer Inc (SMCI.US) plunged more than 28% on Friday, closing at $22.12. The sharp decline followed reports that the company has been implicated in a smuggling case involving violations of U.S. export controls. The U.S. Attorney's Office for the Southern District of New York has indicted the company's co-founder and two others for allegedly conspiring to evade export regulations by smuggling AI servers. The FBI stated that the case involves transactions worth billions of dollars in AI products and poses a threat to national security. Currently, the co-founder and one other individual have been arrested. Super Micro Computer issued a statement confirming that the individuals involved have been suspended and that cooperation with them has been terminated. The company also stated that it has strengthened its compliance mechanisms and will fully cooperate with the investigation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/1141127963"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1141127963\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1141127963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-20 21:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1141127963","market":"nz","top_or_hot":-1,"title":"Super Micro Computer Plummets Over 28% Following Co-Founder's Alleged Illegal Export Charges","media":"Stock News","content":"<p>Shares of Super Micro Computer Inc (SMCI.US) plunged more than 28% on Friday, closing at $22.12. The sharp decline followed reports that the company has been implicated in a smuggling case involving violations of U.S. export controls. The U.S. Attorney's Office for the Southern District of New York has indicted the company's co-founder and two others for allegedly conspiring to evade export regulations by smuggling AI servers. The FBI stated that the case involves transactions worth billions of dollars in AI products and poses a threat to national security. Currently, the co-founder and one other individual have been arrested. Super Micro Computer issued a statement confirming that the individuals involved have been suspended and that cooperation with them has been terminated. The company also stated that it has strengthened its compliance mechanisms and will fully cooperate with the investigation.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer Plummets Over 28% Following Co-Founder's Alleged Illegal Export Charges</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer Plummets Over 28% Following Co-Founder's Alleged Illegal Export Charges\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-20 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Super Micro Computer Inc (SMCI.US) plunged more than 28% on Friday, closing at $22.12. The sharp decline followed reports that the company has been implicated in a smuggling case involving violations of U.S. export controls. The U.S. Attorney's Office for the Southern District of New York has indicted the company's co-founder and two others for allegedly conspiring to evade export regulations by smuggling AI servers. The FBI stated that the case involves transactions worth billions of dollars in AI products and poses a threat to national security. Currently, the co-founder and one other individual have been arrested. Super Micro Computer issued a statement confirming that the individuals involved have been suspended and that cooperation with them has been terminated. The company also stated that it has strengthened its compliance mechanisms and will fully cooperate with the investigation.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0053671581.USD","symbol_name":"摩根大通美国小盘成长股 A(dist)","start_time":0,"source_url":"","article_id":"1141127963","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141127963","pubTimestamp":1774014439,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shares of Super Micro Computer Inc (SMCI.US) plunged more than 28% on Friday, closing at $22.12. The sharp decline followed reports that the company has been implicated in a smuggling case involving...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","SMCI":"超微电脑","SMCZ":"2倍做空SMCI ETF-Defiance","SMYY":"GraniteShares YieldBOOST SMCI ETF","SMCL":"2倍做多SMCI ETF-Graniteshares","BK4588":"碎股","SMCX":"2倍做多SMCI ETF-Defiance","SMCC":"Defiance Leveraged Long + Income SMCI ETF","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","SMCY":"SMCI期权收益策略ETF-YieldMax","BK4170":"电脑硬件、储存设备及电脑周边","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4543":"AI"},"translate_title":"联合创始人涉嫌非法出口指控后，超微计算机股价暴跌逾28%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMCY":1,"SMCC":1,"SMCI":1,"SMCZ":1,"SMCL":1,"SMYY":1,"SMCX":1},"content_text":"Shares of Super Micro Computer Inc (SMCI.US) plunged more than 28% on Friday, closing at $22.12. The sharp decline followed reports that the company has been implicated in a smuggling case involving violations of U.S. export controls. The U.S. Attorney's Office for the Southern District of New York has indicted the company's co-founder and two others for allegedly conspiring to evade export regulations by smuggling AI servers. The FBI stated that the case involves transactions worth billions of dollars in AI products and poses a threat to national security. Currently, the co-founder and one other individual have been arrested. Super Micro Computer issued a statement confirming that the individuals involved have been suspended and that cooperation with them has been terminated. The company also stated that it has strengthened its compliance mechanisms and will fully cooperate with the investigation.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}