Chip Smuggling

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The U.S. announced charges for smuggling old Nvidia chips to China only hours before Trump gave the green light

The U.S. Justice Department recently unsealed an indictment against two Chinese nationals for allegedly conspiring to smuggle older, high-tech Nvidia chips from the U.S. to China. This announcement occurred just hours before former President Donald Trump indicated he would greenlight a similar high-tech chip export to China if re-elected, highlighting a complex and potentially conflicting approach to tech trade with China under different political administrations.

MarketWatch•11 months ago

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