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Super Micro Computer Issues Statement on Action by U.S. Attorney's Office
Super Micro Computer (NASDAQ: SMCI) released a statement regarding an indictment by the U.S. Attorney’s Office against three individuals associated with the company for alleged export-control violations. Supermicro itself is not named as a defendant, and has placed two employees on administrative leave and terminated a contractor involved. The company emphasized its robust compliance program and full cooperation with authorities.