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  • Beijing said to move to clarify ambiguity in offshore trust tax rules
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Smuggling

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$160 million export-controlled Nvidia GPUs allegedly smuggled to China

Sagar8 months ago05 mins

On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world. Dubbed “Operation Gatekeeper” by the feds, the investigation wasn’t focused on drug smuggling or stolen goods but rather an alleged secret, underground network of suppliers for Nvidia‘s graphic processing…

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  • Business

Plots to send GPUs to China expose $160 million export-evasion web

Sagar8 months ago04 mins

NVIDIA AI Computing Card captured in Hangzhou, Zhejiang Province, China on Dec. 9, 2025. Cfoto | Future Publishing | Getty Images U.S. authorities announced Tuesday that they have shut down yet another China-linked smuggling network that trafficked or attempted to traffic more than $160 million in export-controlled Nvidia AI chips. According to a press release…

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  • Beijing said to move to clarify ambiguity in offshore trust tax rules
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  • How families pay for college as tuition costs soar

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