Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

California Man Charged with Smuggling $300 Million in Nvidia AI Chips to China

Guavy AI Editorial Team
Instruments
NVDA
Share

A California man has been charged by US authorities for allegedly smuggling $300 million worth of Nvidia artificial intelligence chips to China in violation of export controls.

Greg Lui, owner of privately held Earthmade Computer Inc., worked with co-conspirators from 2023 to 2024 to ship servers containing the restricted chips to buyers in China without US licenses.

Lui's actions mark the latest federal prosecution aimed at keeping advanced US-made chips out of Chinese hands due to national security concerns.

More on Stocks

Stocks 6m ago

IBM Breaks Ground in Regulated AI Market with Self-Hosted Deployment of Bob

Stocks 6m ago

Cramer Bets Big on iPhone Duo, Says Smart Home Devices Are Secondary

Stocks 6m ago

IBM Director Acquires 268 Deferred Shares Valued at $59,000

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy