On July 2, Super Micro Computer rose 5.3% in regular trading, trading at $29.095/share, with turnover of $288 million. The stock rebounded from recent lows following a public statement from the company addressing the ongoing Taiwan chip smuggling investigation.

On the news front, Super Micro Computer issued an open letter on its website clarifying that relevant Taiwanese authorities have confirmed the company is not a target of the investigation into the alleged illegal export of AI servers containing Nvidia chips. The company also denied media reports that its Taiwan offices were raided, stating it had voluntarily coordinated with authorities to provide access to employees' workspaces and electronic devices.

Super Micro disclosed that four Taiwan-based employees have been placed on administrative leave, with two remaining in detention pending a hearing and two released on bail. The company reaffirmed its zero-tolerance policy for unlawful conduct and stated that the investigation has not affected its operations. The clarification effectively eased market concerns over direct corporate involvement that had driven the stock down more than 5% in the prior session.

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