Two more perps apprehended over smuggling of $160 million of Nvidia chips to China — DOJ says H100 and H200 shipments were relabelled with a fictional brand to dodge export controls

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Two more men have been apprehended for allegedly violating export control laws regarding the supply of Nvidia H100 and H200 AI chips to China, reports Bloomberg. The DOJ already had a Houston business owner in its back pocket who had pleaded guilty to its charges. Now two fresh scalps, one based in New York and another in Ontario, are facing heat for allegedly facilitating this high-tech smuggling operation.

The smuggling gang’s ruse was as follows: shipping labels on Nvidia H100 and H200 AI chip…



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Two more perps apprehended over smuggling of $160 million of Nvidia chips to China — DOJ says H100 and H200 shipments were relabelled with a fictional brand to dodge export controls


Two more men have been apprehended for allegedly violating export control laws regarding the supply of Nvidia H100 and H200 AI chips to China, reports Bloomberg. The DOJ already had a Houston business owner in its back pocket who had pleaded guilty to its charges. Now two fresh scalps, one based in New York and another in Ontario, are facing heat for allegedly facilitating this high-tech smuggling operation.

The smuggling gang’s ruse was as follows: shipping labels on Nvidia H100 and H200 AI chip…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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