Singapore gives bail for chips smuggers Nvidia in alleged fraud of $ 390 million

A judge in Singapore Granted bail to three men suspicious of the deceptive suppliers of server computers that can contain Nvidia Chips affected by US export rules. that prevent the sale of them to certain countries, such as a route to stop organizations in China.

The movement arrives almost two weeks After the three men in the city-state were accused of smuggling Nvidia Chips and commit fraud against Dell and Super Micro By falsely affirming where the servers would be located.

Singapore prosecutors said that the case of fraud involved the servers provided by the Singapurean companies and then moved to Malaysia, with transactions for a total of around $ 390 million, According to a Reuters report. It is not clear what the final destination would be for those servers.

The bond for the two Singapuran men was established at S $ 800,000 ($ 600,000) and S $ 600,000 each, while the third man, a Chinese citizen, had his bail established at S $ 1 million. The next judicial hearing will take place on May 2.

The Prosecutor’s Office requested an eight -week delay to complete the investigations and requested specific conditions, including the expulsion of airport men or border control points and prohibit them from discussing the case if they are released on bail, By Bloomberg. The Chinese man reportedly You must use an electronic monitoring device.

According to the last one in Nvidia annual reportSingapore represented 18% of the income in the fiscal year that ended on January 28, despite the fact that shipments to the country represent less than 2% of sales.

Deepseek from China attracted global attention in the AI ​​industry in January due to its advanced technology and profitable solutions, which led to greater concerns about how and where it obtains chips. VeteranThe AI ​​is driven by Nvidia chips, despite efforts to restrict exports and prevent technology from being used in China.

Malaysia He said last week that he would take “necessary measures” Against Malaysia companies involved in a case of fraud related to the alleged transfer of Nvidia from Singapore to China.