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ASX:API 21 January 2026

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  • Super Micro Computer shares plunge 12% after DOJ indicts company officials over export violations
    March 19, 2026, 11:41 PM EDT. Super Micro Computer's stock plunged 12% in after-hours trading following the U.S. Justice Department's charges against three company officials, including a co-founder. Prosecutors allege these individuals conspired to illegally export NVIDIA AI technology to China, violating U.S. export control laws. The stock fell from $30.79 to $27.14 per share. The Nasdaq-listed company clarified it is not charged, emphasizing its ongoing cooperation and robust compliance program. Two accused officials have been placed on administrative leave, while one remains a fugitive. The indictment marks a serious regulatory crackdown on illegal AI tech exports, sparking investor concern and sharp sell-offs for Super Micro Computer shares.
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