March 20 (Reuters) - Super Micro Computer ( SMCI ) said on Friday that Yih-Shyan Liaw has resigned from its board, effective immediately, after the co-founder was charged with helping smuggle billions of dollars of AI chips to China.
Shares of the artificial intelligence server maker rose 2% in trading after the bell.
The U.S. Justice Department on Thursday charged Liaw, sales manager Ruei-Tsang Chang, and contractor Ting-Wei Sun with running a scheme to route U.S.-made servers through Taiwan to Southeast Asia.
Super Micro also announced the appointment of DeAnna Luna as acting chief compliance officer, effective immediately. She joined the company as vice president of global trade & sanctions compliance in 2024.