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CA tech CEO arrested for smuggling $300 million in restricted AI chips into China

Source: New York Post

Summary

Federal agents arrested a California tech CEO October 1, who’s accused of smuggling more than $300 million in restricted AI chips into China. Greg Lui, 38, aka “Yiu Kong Lui,” of San Gabriel, faces a barrage of federal charges for allegedly selling Beijing a mountain of American-made AI graphics processors in violation of US laws,...

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