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Before he co-founded NVIDIA, Jensen Huang bussed tables and washed dishes at Denny’s. He has said the discipline of that first job shaped how he runs the company now worth trillions.

Source: Denny’s / NVIDIA historyRead more →All facts

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AOSL · All filings

ALPHA & OMEGA SEMICONDUCTOR Ltd 10-Q

Filed 2024-05-08 · Original on SEC.gov

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Whole filing What changed since last time Item 1 · Financial Statements Item 2 · Management’s Discussion and An…Item 4 · Controls and Procedures Item 1 · Legal Proceedings Item 1A · Risk Factors Item 5 · Other Information

Item 1. Legal Proceedings

ITEM 1. LEGAL PROCEEDINGS 
 As previously disclosed, the DOJ commenced an investigation into the Company’s compliance with export control regulations relating to its business transactions with Huawei and its affiliates (“Huawei”), which were added to the “Entity List” by the DOC in May 2019. The Company has been cooperating fully with federal authorities in the investigation. In connection with this investigation, DOC previously requested the Company to suspend shipments of its products to Huawei. The Company complied with such request, and the Company has not shipped any product to Huawei after December 31, 2019. On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges. The Company continues to cooperate with the DOC in the ongoing civil investigation. DOC has not informed the Company of any specific timeline or schedule under which DOC will complete its review. 
 
 
 We have in the past, and may from time to time in the future, become involved in legal proceedings arising from the normal course of business activities. The semiconductor industry is characterized by frequent claims and litigation, including claims regarding patent and other intellectual property rights as well as improper hiring practices. Irrespective of the validity of such claims, we could incur significant costs in the defense thereof or could suffer adverse effects on its operations.

Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.