US arrests tech CEO accused of smuggling $300M in Nvidia chips into China
Covered by 4 sources
Read the full articleThe US Department of Justice arrested Greg Lui, CEO of Earthmade Computer, for allegedly smuggling over $300 million worth of export-controlled Nvidia A100 and H100 GPUs into China using fraudulent paperwork and complex shipping routes. The scheme, uncovered through emails and bank records, involved mislabeling shipments and routing servers through South Asian countries to evade export controls, raising US national security concerns over China's AI and military advancements.




