Super Micro denies Megaspeed ties amid probes

Super Micro Computer has moved to distance itself from Singapore-based Megaspeed as export-control and espionage-related investigations intensify. In a statement published on November 13, the server maker said Megaspeed “is not, and has never been, a Supermicro customer.” The company added that it “has been responsive to inquiries and has fully cooperated with U.S. and Taiwanese officials” and said it maintains a “robust compliance program” aimed at preventing diversion of chips and related hardware.

The denial is significant because Super Micro builds servers incorporating Nvidia GPUs that are central to current AI infrastructure. Investigators in the U.S. Attorney’s Office in Manhattan are examining whether entities linked to former Megaspeed executive Alice Huang helped smuggle Super Micro hardware containing Nvidia chips into China. Super Micro, Nvidia and Jensen Huang have not been charged in the Megaspeed matter, and no confirmed commercial link between Megaspeed and Super Micro servers has been established beyond the company’s denial.

Singapore’s Ministry of Home Affairs has publicly contradicted Super Micro’s description of its regulatory cooperation. In a November 12 release, the ministry said authorities received only “limited cooperation” from the company after seeking records about servers purchased by firms under investigation and exported via Singapore to Malaysia. The ministry said it first raised concerns with U.S. officials on July 7, 2025 and has since repeatedly approached the Department of Justice and the FBI, but has “to date received limited information or assistance in respect of the company.”

Singaporean police and customs agencies have opened formal investigations into Megaspeed and Alice Huang, who previously served as a senior executive at Megaspeed. In parallel, the Manhattan inquiry is focused on potential export-control violations involving Huang’s network and the possible movement of Super Micro’s Nvidia-based servers into China. These overlapping probes have drawn Super Micro further into a broader legal and intelligence controversy centered on Megaspeed’s activities.

Beyond the Megaspeed-focused inquiries, Super Micro is facing other export-related cases. Co-founder Wally Liaw was arrested in March 2026 alongside two others on U.S. charges that about $2.5 billion of servers equipped with Nvidia H200 and B200 chips were routed to China through a Southeast Asian front company. Liaw has pleaded not guilty and is scheduled for trial in March 2027, while co-defendant Ting-Wei “Willy” Sun pleaded guilty in October. Super Micro has said it was a victim of that alleged smuggling scheme and that an internal investigation found no evidence current senior management knew of the conspiracy.

In Taiwan, prosecutors indicted nine people in August, including two former Super Micro Taiwan employees, in connection with 130 servers containing Nvidia B300 chips, about 74 of which ultimately reached China; neither Super Micro nor Nvidia was charged. The company has disclosed receiving a federal grand jury subpoena and inquiries from the U.S. Securities and Exchange Commission, the Commerce Department’s Bureau of Industry and Security, and foreign authorities. It has reiterated that it “maintains a robust compliance program and continues to work closely with authorities and industry partners to combat diversion and help protect American innovation.”

The accumulating investigations and public disputes over cooperation have weighed on Super Micro’s shares. The stock fell nearly 4% during the week of Singapore’s latest disclosures, including a 2.55% decline on Friday, as legal and political pressures mounted. The combination of the Megaspeed-related scrutiny, the separate alleged smuggling schemes, and ongoing regulatory inquiries has added to reputational and compliance risks for the company.

At the same time, Super Micro continues to stress its role as a hardware supplier and its dependence on trusted export controls. The company has described itself as a victim in earlier smuggling cases and points to its internal investigation findings regarding senior management’s lack of knowledge in those matters. With multiple authorities in the U.S., Singapore, Taiwan and elsewhere now involved, the evolution of these probes, and any future regulatory actions, remain central to how investors assess Super Micro’s outlook.