Super Micro co-founder indicted on Nvidia smuggling charges leaves board
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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.
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A federal court unsealed the indictment on Thursday. While the company wasn't named, Liaw, the company's senior vice president of business development, was, alongside sales manager Ruei-Tsan "Steven" Chang and contractor Ting-Wei "Willy" Sun. Super Micro said on Thursday that it had placed Liaw and Chang on administrative leave and stopped working with Sun. On Friday, shares fell 33%. The company said in a statement late on Friday that it has named DeAnna Luna, an executive who joined from Intel in 2024, as its acting chief compliance officer. Luna has been vice president of global trade and sanctions compliance, according to her LinkedIn profile . This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise With Us Please Contact Us Ad Choices Privacy Policy Your Privacy Choices CA Notice Terms of Service © 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by
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