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Nvidia's unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
· 3d · on MSN
Singapore charges three with fraud in cases reportedly linked to smuggling of Nvidia chips to China
Singapore probes suspected breach of US export controls on Nvidia chips
Singapore has charged three men in a case suspected to involve Nvidia semiconductor sales that potentially breach US export controls, the government announced on Monday. The two Singaporeans and one Chinese national were charged last Thursday with fraud,
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Hosted on MSNTrade and growth on agenda for key China meetingChina's largest political event of the year begins in Beijing on Tuesday, as US tariffs cast a cloud over closed-door meetings involving thousands of delegates from across the country. It is also facing more US tariffs,
Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland.
MP Gerald Giam stated that Singapore's most pressing foreign policy challenge today is managing escalating rivalry between the United States and China. He said that as a small state with an open economy,
Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister said on Monday.
Singapore authorities have initiated an investigation into potential fraudulent activities related to the shipment of Nvidia Corp. (NASDAQ: NVDA) chips. The chips, which are banned in China, were reportedly shipped to Malaysia via servers from Dell Technologies Inc.
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Singapore stands at a pivotal moment in its foreign relations, particularly in balancing its ties with the US and China, said MP Rachel Ong. As a small nation reliant on global stability, Singapore must carefully navigate the intensifying competition between these two major powers,
Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports.
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