US investigates Apex Logistics over alleged smuggling of Nvidia AI chips
SMCI Super Micro Computer Inc
$37.42 -2.70%
View chart & analysis → - 1The US government is probing allegations that Singapore-based Apex Logistics was involved in smuggling Nvidia (NVDA) AI chips to China
- 2The Commerce Department's BIS is reviewing 47 cargo shipments handled in 2024 to check for export-control violations tied to Super Micro (SMCI) AI system transports
- 3The carrier could become the first to face action over illegal semiconductor trafficking, and the company has pledged full cooperation and complete regulatory compliance
This 3-line summary is compiled from the report below.
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