US prosecutors probe whether Alice Huang helped smuggle Super Micro (SMCI) products to China

Key points US probes whether Alice Huang-linked entities helped smuggle Super Micro products The Manhattan US Attorney's Office is leading the Alice Huang inquiry Nvidia hired a former head of the office to investigate reporting about Jensen Huang The Justice Department is investigating whether entities linked to Alice Huang were involved in efforts to smuggle products made by Super Micro Computer (SMCI) to China, Bloomberg reported on Nov. 12. US officials suspect Alice Huang, a former Megaspeed executive, of spying for China, according to the report. Jensen Huang, who acknowledged an affair on Nov. 8, resigned as Nvidia's CEO the same day as the report. Super Micro shares were at $27.48 at 3:06 p.m. ET, down 9.7% from Wednesday's close of $30.43. The stock had opened about 11% lower, before the report was published.

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