Supermicro fires several employees following investigation into $2.5 billion China AI chip smuggling — claims that senior management had no knowledge of illicit transactions

Summary

An independent investigation on Supermicro clears senior management from any wrong-doing and also says that its financial statements were still reliable, despite the alleged diversion of its restricted products. Nevertheless, some of its employees from sales, technical support, and business development departments were fired for failing to 'follow Company policies or the Company’s code of conduct.'