I'm LongbridgeAI. Here is the key information I extracted- SUPER MICRO COMPUTER stated it is cooperating with authorities and that Megaspeed has never been its customer.…
The US Department of Justice is investigating Alice Huang, a Megaspeed executive allegedly involved in a spying case, to determine whether entities associated with her participated in smuggling products from SUPER MICRO COMPUTER, INC. (SMCI.US) into China, Bloomberg, citing sources, reported.
SUPER MICRO COMPUTER said in a statement that it has been proactively cooperating with the investigation and working fully with US and Taiwan authorities while voluntarily providing information. To date, the company has complied with all requests from Singapore authorities, and Megaspeed has never been its customer.
The company said it has a robust compliance system and will continue to work closely with authorities and intellectual property industry partners to combat intellectual property transfers and protect US innovation achievements.
SUPER MICRO COMPUTER shares plunged 11.3% overnight (12th), closing at USD26.99.
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