$160m Nvidia AI chip smuggling ring exposed; US subsidiary CEO Yuan faces 20 years
US authorities have busted a major smuggling ring exporting over $160 million in advanced Nvidia AI chips to China. Operation Gatekeeper revealed a scheme using fake documents and shell companies. Executives face charges for illegally shipping high-end GPUs, crucial for AI and potentially military use, to restricted destinations. Several arrests and guilty pleas have been made.
US authorities have busted a major smuggling ring exporting over $160 million in advanced Nvidia AI chips to China. Operation Gatekeeper revealed a scheme using fake documents and shell companies. Executives face charges for illegally shipping high-end GPUs, crucial for AI and potentially military use, to restricted destinations. Several arrests and guilty pleas have been made.
