DOJ charges California CEO Greg Lui over $300M Nvidia chip smuggling to China
The Department of Justice has arrested Greg Lui, also known as Yiu Kong Lui, owner of Earthmade Computer Inc., alleging he and unnamed co-conspirators smuggled more than $300 million in export-restricted Nvidia chips to China between 2023 and 2024. Prosecutors say the chips were routed through Malaysia and Singapore using falsified paperwork before reaching Chinese buyers, including the Chinese government. Lui faces charges of conspiracy to violate export control laws, outbound smuggling, and money laundering conspiracy, carrying a potential 20-year sentence.