US Justice Department nabs smugglers behind $160M Nvidia‑chip export ring to China

The US Justice Department on Tuesday confirmed it shut down a China‑linked smuggling ring that moved or tried to move more than $160 million worth of Nvidia AI chips out of the United States and into banned markets, according to the US Attorney’s Office for the Southern District of Texas. Two businessmen were arrested, while […] source: https://www.cryptopolitan.com/us-nabs-160m-nvidia%e2%80%91chip-export-ring-china/