California CEO charged in $300M Nvidia GPU case
Greg Lui, the CEO of Earthmade Computer Inc., has been indicted by the US Department of Justice for his alleged involvement in a scheme to export over $300 million worth of high-end computer servers containing advanced US-made GPUs to China. The servers were reportedly purchased in the US and shipped to Malaysia and Singapore before being re-exported to China, bypassing the required export licenses.
Lui faces three federal charges, including conspiracy to violate the Export Control Reform Act and Export Administration Regulations, outbound smuggling, and conspiracy to commit money laundering.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
