A Judge in Singapore Granted bail to three men Suspected of Deception Suppliers of Server Computers that May Contain Nvidia chips affected by us expert rules That bar the sala of them to certain counts, as a route to halting them being sold to organizations in china.
The move comes nearly two weeks after the three men in the city-state was charged with smuggling nvidia chips And Committing Fraud Against Dell and Super Micro By Falsely stating where the servers would be located.
Singapore Prosecutors said the fraud case involved servers provided by Singaporean Companies and then Moved to Malaysia, with Transactions Totaling About $ 390 Million, per a report by reatesIt is unclear what the final destination would be for that servers.
The bail for the two singaporean men was set at s $ 800,000 ($ 600,000) and S $ 600,000 Each, While The Third Man, A Chinese National, Had His Bail Set At S $ 1 Million. The next court hearing will be hand on May 2.
The Prosecution Requested An Eight-White-Week Delay to complete Investigations and Asked For Specific Conditions, Including Barring The Men from Airports or Border Checkpoints and Prohibiting them of prohibiting them of flow Case if they are released on Bail, per bloombergThe chinese man Reportedly Must Wear an Electronic Monitoring Device.
According to nvidia’s latest annual reportSingapore 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.
China’s Deepsek Attracted Global Attention in the Ai Industry in January Due to its Advanced Technology and Cost-Effective Solutions, Leading to Heighted Conservorns Around How and Where It Souches Chips. Deepsek’s AI is Powered by Nvidia’s Chips, Despite Efforts to Restricted Exports and Prevent the Technology from Being Used In China.
Malaysia Said last week that it would take “Necessary Action” Against Malaysian Companies implicated in a fraud case related to the alleged transfer of nvidia chips from singapore to china.