Super Micro shareholders sue company over securities fraud after AI chip smuggling bust — furious investors claim company concealed dependence on illicit sales to China
by editors@tomshardware.com (Jowi Morales) from Latest from Tom's Hardware on (#74GSG)
Supermicro shareholders argue that the company committed securities fraud because it did not tell them that illegal activities made up a huge portion of its sales and that it had issues with export controls compliance.