US man arrested over alleged $300 million scheme to smuggle Nvidia AI servers to China

AI Summary

A California technology company owner was arrested on allegations that he helped smuggle more than $300 million worth of restricted Nvidia AI servers to China. Authorities allege the scheme used Malaysia and Singapore as transit points to evade US export controls and involved money laundering.

Amid intensifying competition in the AI technology race, US authorities have arrested a California technology company owner accused of using Malaysia and Singapore as transit points to circumvent US export controls and send more than US$300 million worth of restricted computer servers to China. Greg Lui, 38, also known as Yiu Kong Lui, of San Gabriel, was arrested on Thursday and charged with conspiracy to violate US export controls, outbound smuggling and conspiracy to commit money laundering,...