Coin Bureau|Aug 27, 2026 11:31
🇺🇸NEW: U.S. flags Singapore firm over alleged smuggling of restricted Nvidia AI chips into China.
Just days after Taiwan indicted an Nvidia manager in a separate smuggling case, the U.S. is now investigating Singapore-based Apex Logistics over allegations it helped move restricted Nvidia-powered AI servers into China.
The probe covers 47 shipments and could mark the first U.S. action against a transportation company for allegedly facilitating illegal semiconductor trade, per Bloomberg.
The suspected route reportedly ran Taiwan → U.S. → Southeast Asia → Hong Kong → mainland China.
U.S. authorities say BILLIONS of dollars worth of restricted Nvidia chips have already reached China through sophisticated smuggling networks, as the crackdown moves deeper into the AI semiconductor supply chain.(Coin Bureau)
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