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.
tomshardware.com
· 2026-10-02
Dell Technologies stock surged 10% on Friday after RBC Capital Markets began coverage with an outperform rating and a $640 price target. The move adds to a rally that has already lifted Dell shares nearly 350% in 2026, driven by its growing role supplying Nvidia-based servers to cloud and enterprise customers building out AI infrastructure.
cnbc.com
· 2026-09-11
Taiwanese prosecutors have charged nine individuals connected to a scheme accused of illegally routing AI servers containing Nvidia chips to China, circumventing U.S. export restrictions. The case highlights ongoing efforts by Chinese buyers to obtain restricted American semiconductor technology through indirect channels.
wsj.com
· 2026-08-24
Nvidia has informed top customers that server systems built around its Grace Blackwell and Vera Rubin AI chips will cost more than 15% extra when they ship early next year, according to a Bloomberg report. Contract manufacturers serving Microsoft, Google, and Oracle have already passed along the increases, which vary by chip generation and memory configuration.
tomshardware.com
· 2026-08-23
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