SHOCKING: California Tech Boss Arrested for Allegedly Smuggling $300 Million in $NVDA AI Servers Into China

A California tech boss was arrested for allegedly smuggling $300 million in $NVDA AI servers into China.
Prosecutors say Greg Lui used false paperwork to ship servers packed with Nvidia's H100 chips through Malaysia and Singapore. The chips can't be sold to China without a U.S. license, over fears they could boost its military.
He now faces charges including smuggling and conspiracy to commit money laundering.