US probes Singapore-based Apex Logistics over Nvidia chip smuggling allegations
Authorities are looking into whether the firm transported systems made by Super Micro Computer
The US government is probing Singapore-based Apex Logistics over allegations it played a role in smuggling Nvidia artificial intelligence chips to China. If proven, this could be the first legal action taken against a transportation company for allegedly aiding in the illicit semiconductor trade. Apex is suspected of potentially transporting AI systems made by Super Micro Computer, a firm known for assembling Nvidia chips into servers installed in data centers.
In 2022, the US restricted sales of such hardware to China due to concerns they could benefit Beijing's military. Despite the restrictions, a sophisticated shadow trade has emerged, allegedly moving billions of dollars worth of Nvidia chips to China. The US is investigating Apex's potential involvement in this trade, specifically looking at a series of shipments to Asia outside of China, which would then be delivered to Hong Kong before reaching mainland China.
Apex has acknowledged the investigation and stated it's cooperating fully while committed to full compliance with all relevant regulations.
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