{*}
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026 March 2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

US detains two men accused of smuggling $160 million worth of Nvidia AI gear to China

By Vlad Savov, Bloomberg

The US Department of Justice has detained two men for allegedly violating export control laws by attempting to smuggle at least $160 million worth of Nvidia Corp. AI chips to China. A third, the owner of a Houston company, has already pleaded guilty.

The department alleges the men operated a smuggling network that spanned the Houston business, run by Alan Hao Hsu, and several warehouses across the US, which replaced Nvidia labels from H100 and H200 AI chips with the fictional “Sandkyan” brand before shipping them. Fanyue Gong, a Chinese citizen residing in Brooklyn, New York, and Benlin Yuan, a Canadian from Ontario, are alleged to have conspired with employees of a Hong Kong-based logistics company and a China-based AI technology company to circumvent US export controls.

The announcement demonstrates the importance of the chips that have become the center of a growing rivalry between Beijing and Washington. The US has, up until some easing of rules under President Donald Trump this year, ramped up restrictions on exports to China, which it has said constitute a threat to national security. Those rules have cost Nvidia and its counterparts billions in lost revenue.

The company’s Hopper generation of artificial intelligence chips was led initially by the H100, which was succeeded by the upgraded H200 in 2023. The DOJ’s Office of Public Affairs revealed the allegations on the same day that Trump said he’d allow Nvidia H200 sales to China for the first time — to a select number of customers.

“Operation Gatekeeper has exposed a sophisticated smuggling network that threatens our Nation’s security by funneling cutting-edge AI technology to those who would use it against American interests,” US Attorney Nicholas Ganjei said in the statement. “These chips are the building blocks of AI superiority and are integral to modern military applications.”

Santa Clara-based Nvidia has now moved on to its Blackwell family of chips and plans another generational upgrade in 2026, which Trump pointed to as reason to believe the US will retain its technological superiority even while allowing China some access.

Nvidia Chief Executive Officer Jensen Huang has long advocated for opening sales to China, so that what he calls the American technology stack could proliferate globally. He’s also repeatedly said that he’s seen no evidence of his company’s semiconductors being diverted to the Chinese market.

“The export system is rigorous and comprehensive,” an Nvidia spokesperson said on Monday. “Even sales of older generation products on the secondary market are subject to strict scrutiny and review. While millions of controlled GPUs are in service at businesses, homes, and schools, we will continue to work with the government and our customers to ensure that second-hand smuggling does not occur.”

–With assistance from Ian King.

More stories like this are available on bloomberg.com

©2025 Bloomberg L.P.

Ria.city






Read also

Rare March heat dome builds in the West. What does it mean for Portland?

LA 2028 Olympic soccer kicks off 4 days early, spreading matches across 7 US cities

4 bedroom Villas for sale in Calahonda – R5325064

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости