Chinese Nvidia Cloud Partner procured 300 servers with banned AI GPUs worth $92 million shares of data center supplier Sharetronic plummet following Super Micro smuggling arrest

Image for article Chinese Nvidia Cloud Partner procured 300 servers with banned AI GPUs worth $92 million shares of data center supplier Sharetronic plummet following Super Micro smuggling arrest
News Source : Tom's Hardware UK

News Summary

  • Sharetronic sold 276 Super Micro SYS-821GE-TNHR and 32 Dell PowerEdge XE9680 servers to a Shenzhen subsidiary in May and June 2025.
  • The former containing banned Nvidia H100 or H200 chips.
  • The U.S. banned the export of these high-performance AI accelerators in 2022.
  • Despite these denials, the company’s share price hit the 20% price drop limit after Super Micro co-founder Yih-Shyan “Wally” Liaw, alongside two other alleged conspirators, was arrested on smuggling charges.
Invoice records from Chinas State Taxation Administration reveal that Sharetronic Data Technology Co., a Chinese firm that sells and rents AI servers, procured almost 300 servers containing banned N [+4675 chars]

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