Supermicro responds to suspicions about Alice Hwang's involvement, saying, "Megaspeed is not a customer."

Clarification on reports of investigation into server smuggling

(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = Super Micro, which was reported to be under investigation for its involvement in the alleged smuggling of artificial intelligence (AI) equipment to China by Alice Huang (Chinese name Huang Le), who is suspected of being a Chinese spy, completely denied the allegations.

Supermicro released a statement on the 13th (local time), saying, "Megaspeed is not a customer of Supermicro and has never been a customer in the past," Reuters reported.

Regarding the authorities' investigation, Supermicro added, "We have been faithfully responding to inquiries from the U.S. and Taiwanese authorities and have cooperated fully. We have voluntarily provided information and have responded to all requests from the Singapore authorities to date."

Bloomberg News reported the previous day that the U.S. Department of Justice and federal prosecutors are investigating whether groups linked to Alice Hwang, who caused a stir in the scandal with former Nvidia CEO Jensen Hwang, diverted Supermicro equipment to China.

Supermicro was in trouble last March when three former executives and employees, including co-founder Lee Hsien 'Wally' Liao, were indicted on charges of attempting to indirectly export servers to China through a Thai company.

CEO Charles Liang (Chinese name Liang Jianhou) said at the time, "We have taken action against all identified executives and employees and they no longer have anything to do with Supermicro."

Supermicro's stock price plummeted 11.30% on the New York Stock Exchange on the 12th and closed at $26.87 today, down 0.46% from the previous day's closing price.