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US investigates logistics firm over alleged Nvidia-chip smuggling
The US government is investigating Singapore-based Apex Logistics over its suspected role in smuggling Nvidia AI chips to China, according to people familiar with the matter. The investigation could become the first action against a transportation company alleged to have participated in illegal semiconductor trade. The summary does not state what chips were involved, when the alleged shipments occurred, or whether Apex Logistics has been charged.
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This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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