US Accuses Four of Smuggling Advanced Nvidia Chips to China

Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to ship millions of dollars worth of sophisticated chips made by Nvidia Corp. to China in violation of national security export restrictions.

The men used a fake real estate business in Tampa, Florida, as a front to move the shipments of hundreds of chips through Malaysia and ultimately to China without applying for export licenses from the US Commerce Department, according to an indictment unsealed Wednesday.