Singapore company allegedly helped China smuggle $2 billion worth of Nvidia AI processors, report claims — Nvidia denies that the accused has any China ties, but a U.S. investigation is underway

An investigation has uncovered that a Singapore-based firm with Chinese ties bought $2 billion worth of restricted Nvidia GPUs through Inspur's U.S. subsidiary to funnel them to Malaysia and Indonesia, where they were allegedly used by clients from China or resold to customers in the PRC.