US arrests tech CEO accused of smuggling $300M in Nvidia chips into China
Summary
US authorities arrested Earthmade Computer's CEO Greg Lui on charges of smuggling export-controlled Nvidia chips into China, alleging a scheme that moved servers worth over $300 million with false paperwork. The DOJ cites conspiracy to violate export controls, smuggling, and money laundering, with evidence including emails and bank records. The case underscores ongoing concerns about export controls, supply-chain security, and due diligence in the tech hardware ecosystem.