It might seem backwards at first glance but this is very common. There's a saying "buy the rumor, sell the news". The big market moves are made before the news is ever announced... Supermicro tanked a third of their value 11 days ago.
The people with billions of dollars in the market know what is happening with their portfolio companies before it is announced, they're not waiting around for newspaper to say something. Newspapers are for us nobodies at home. If you've got billions to play with, you can get your own high-quality primary sources of information that are better and faster.
Actually closed the day up 8.14%. (Disclosure I'm a shareholder and continuing to hold. Bought more when it was down 30% in a single day). These media storms almost always fade and assuming sales and profits continue will rebound. Not financial advice.
I would think HP or Dell could buy this but given what they did it would require to much. The company should die and the employees that contributed to this should be in jail..
> On Thursday, the Justice Department announced it had indicted 71-year-old co-founder Wally Liaw, along with a Supermicro sales manager in Taiwan, Ruei-Tsang "Steven" Chang, and a contractor Ting-Wei "Willy" Sun for conspiring to smuggle the GPUs starting in 2024.
> Prosecutors allege that Mr Liaw used brokers to order servers containing advanced Nvidia chips on behalf of a “pass-through” entity in South-East Asia; many were assembled in America and shipped to that entity, then repackaged in unmarked boxes and sent on to China. To fool customs inspectors, those involved allegedly created thousands of “dummy” servers to sit in the warehouses where the buyer claimed to store the equipment.
Unless you think there is some reason why those running that same federal government are free to commit any type of federal crimes they wish with no repercussions...
Liaw is family and it is not possible for a company like this to separate family from company interests.
He is clearly unwilling to change, so, Super Micro is just going to die a painful death.
> Super Micro Computer has its investors looking for exits with the recent self-inflicted wounds by the company, despite soaring sales.
> ...
> Shares of Super Micro were up as much as 5.4% on Tuesday.
Huh?
It might seem backwards at first glance but this is very common. There's a saying "buy the rumor, sell the news". The big market moves are made before the news is ever announced... Supermicro tanked a third of their value 11 days ago.
The people with billions of dollars in the market know what is happening with their portfolio companies before it is announced, they're not waiting around for newspaper to say something. Newspapers are for us nobodies at home. If you've got billions to play with, you can get your own high-quality primary sources of information that are better and faster.
Actually closed the day up 8.14%. (Disclosure I'm a shareholder and continuing to hold. Bought more when it was down 30% in a single day). These media storms almost always fade and assuming sales and profits continue will rebound. Not financial advice.
Buying BTC at 110%+ of value was never a good idea.
Super Micro will be fine. Felony charges are trendy with US CEOs these days.
The next Secretary of Everything's Computer
I would think HP or Dell could buy this but given what they did it would require to much. The company should die and the employees that contributed to this should be in jail..
What justification is there for employee jail time?
> Supermicro Co-Founder Indicted in $2.5 Billion Nvidia GPU Smuggling Scheme
> On Thursday, the Justice Department announced it had indicted 71-year-old co-founder Wally Liaw, along with a Supermicro sales manager in Taiwan, Ruei-Tsang "Steven" Chang, and a contractor Ting-Wei "Willy" Sun for conspiring to smuggle the GPUs starting in 2024.
https://www.pcmag.com/news/co-founder-of-us-server-maker-ind...
> Prosecutors allege that Mr Liaw used brokers to order servers containing advanced Nvidia chips on behalf of a “pass-through” entity in South-East Asia; many were assembled in America and shipped to that entity, then repackaged in unmarked boxes and sent on to China. To fool customs inspectors, those involved allegedly created thousands of “dummy” servers to sit in the warehouses where the buyer claimed to store the equipment.
https://www.economist.com/business/2026/03/26/a-new-case-of-...
The good news jail time for a founder is sounding quite possible.
Microchip salesman indicted for selling microchips.
What a weird country.
contributed to this
If you're helping break federal law and you know about it, you should go to jail.
That's what I presume the "contributed to this" meant, this=this crime
Some extreme double standards?
Unless you think there is some reason why those running that same federal government are free to commit any type of federal crimes they wish with no repercussions...