A Singapore judge granted bail to three men implicated in a fraudulent scheme to deceive suppliers of server computers potentially containing Nvidia chips banned from sale to certain countries. The men faced charges of smuggling and fraud against Dell and Super Micro, with alleged transactions reaching $390 million. Bail was set at varying amounts for each individual, with specific conditions requested by prosecutors. The case highlights concerns regarding chip exports and technological transfers to China, particularly amidst rising interests in AI technologies like those of China's DeepSeek.
"The prosecution requested an eight-week delay to complete investigations and asked for specific conditions, including barring the men from airports or border checkpoints and prohibiting them from discussing the case if they are released on bail."
"According to Nvidia's latest annual report, Singapore accounted for 18% of revenue in the fiscal year that ended on January 28, despite shipments to the country making up less than 2% of sales."
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