00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. prosecutors charged Super Micro Computer co-founder Yashayan Wally Law with orchestrating
00:07a scheme to divert $2.5 billion in NVIDIA-powered AI servers to China in violation of export
00:13controls, according to Bloomberg. Authorities allege Law, along with two others, routed U.S.
00:19assembled servers through a Southeast Asia entity with knowledge that the products would reach
00:24Chinese buyers. The indictment involved shipments of servers containing NVIDIA's B200 and H200
00:30chips, often disguised and funneled through Taiwan and third-party brokers.
00:35Law and Sun were arrested, while Chang remains at large.
00:38Shares fell more than 20% in pre-market trading.
00:41For all things money, visit Benzinga.com.
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