Four, including CTO of AI startup, charged for plotting export of restricted Nvidia chips to China, Hong Kong

Four men have been indicted on federal criminal charges for allegedly planning a scheme to illegally export millions of dollars worth of restricted Nvidia chips to China and Hong Kong, bypassing strict US export controls designed to limit access to advanced AI and supercomputing technology, a report has said. Citing court documents, CNBC reported that the indictment reveals a complex operation that routed the highly controlled chips through Malaysia and Thailand to evade detection. The defendants failed to obtain required licenses from the Commerce Department for the exports, prosecutors said.

Brian Curtis Raymond, 46, of Huntsville, Alabama, owned a technology products distributor called Bitworks that has been licensed to sell Nvidia GPUs.