NVDA ▼ -3.2% - NVIDIA Corporation
$NVDA Nvidia approached Taiwanese political officials after prosecutors charged one of its managers in an alleged AI-chip smuggling operation, Bloomberg reports. Nvidia disputed the charges and defended the employee, drawing scrutiny over its handling of suspected chip diversion to China. * Smuggling Allegations: Prosecutors accuse manager Chang, one of nine defendants, of facilitating sales of 130 Super Micro (SMCI) servers containing 1,040 Nvidia B300 chips. They allege 74 reached China via Indonesia and Japan; Taiwan's Coast Guard seized the remaining 56 in May. * Concealed Transactions: Chang allegedly secured Nvidia's approval for sales to a Taiwanese provider lacking sufficient installation space and funds, while concealing those deficiencies and payments originating from a Chinese entity. He faces forgery and breach-of-trust charges, with a maximum five-year sentence. * Nvidia's Intervention: Nvidia representatives objected to Chang's...
15-NOV-2026 11:12 AM ET
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