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California tech boss arrested over $300 million Nvidia chip smuggling

Original: SHOCKING: A California tech boss was just arrested for allegedly smuggling $300 MILLION in Nvidia AI servers into China.

A California technology executive, Greg Lui, has been arrested for allegedly smuggling roughly $300 million worth of Nvidia AI servers into China. Prosecutors say he used false paperwork to ship servers containing Nvidia's restricted H100 chips through Malaysia and Singapore, evading US export controls. The case has drawn wide attention because H100 chips are barred from sale to China, making the alleged scheme one of the larger claimed circumventions of Washington's AI export restrictions.

Why now: The arrest highlights how US export controls on advanced AI chips are being circumvented, a sensitive issue amid US-China tech tensions.

Greg LuiNvidiaCaliforniaChinaMalaysia

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• SHOCKING: A California tech boss was just arrested for allegedly smuggling $300 MILLION in Nvidia AI servers into China. Prosecutors say Greg Lui used false paperwork to ship servers packed with Nvidia's H100 chips through Malaysia and Singapore. These chips can't be sold to · coinbureau · 16

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