On March 19, 2026, Super Micro Computer, Inc. (NASDAQ: SMCI) announced that the U.S. Attorney's Office for the Southern District of New York has unsealed an indictment against three individuals associated with the company. The indictment relates to an alleged conspiracy to commit export-control violations. The individuals charged include Yih-Shyan 'Wally' Liaw, the Senior Vice President of Business Development and a member of the Company's Board of Directors, Ruei-Tsang 'Steven' Chang, a sales manager in Taiwan, and Ting-Wei 'Willy' Sun, a contractor. In response to the indictment, Super Micro has placed Liaw and Chang on administrative leave and terminated its relationship with Sun, effective immediately. Furthermore, Liaw has resigned from the Board of Directors, effective March 20, 2026. The company clarified that Liaw's resignation was not due to any disagreement with the company. Super Micro has stated that it is not named as a defendant in the indictment and is cooperating fully with the government's investigation. The company has also appointed DeAnna Luna as the acting Chief Compliance Officer, effective immediately. This situation raises concerns regarding the company's governance and compliance controls, as the conduct alleged in the indictment contradicts the company's policies. Super Micro has emphasized its commitment to adhering to U.S. export and re-export control laws and regulations. The company is expected to continue its cooperation with the investigation while managing the reputational impact of these legal challenges.

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