Applied Materials settled a major export control case with the U.S. Department of Commerce, addressing past violations. Related investigations by the Department of Justice and the Securities and ...
Applied Materials (AMAT) stock settled $252M case with Commerce Dept for 56 violations shipping chipmaking equipment to China's SMIC via South Korea 2020-2023.
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Feds Bust a Group Smuggling Nvidia AI GPUs to China
Federal investigators have charged four individuals, including two US citizens, with smuggling Nvidia's AI GPUs to China, bypassing the US' strict export controls. The four suspects allegedly sent 400 ...
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Technology company CEOs caught smuggling Nvidia GPUs worth $160 million to China: What chargesheet says
US authorities have dismantled a sophisticated smuggling network that illegally exported advanced Nvidia artificial intelligence chips worth over $160 million to China and other restricted locations, ...
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