Prosecutors announced guilty pleas from a Houston tech firm and its owner, accused of trying to export more than $160 million in advanced computer chips to China.

Federal prosecutors announced Monday the first-ever conviction in an artificial intelligence technology smuggling case, uncovering a sophisticated scheme to illegally export over $160 million worth of advanced computer chips to China through a network of shell companies and falsified shipping documents.

The gap between China and the US, as well as the rest of the world, is widening as the Asian giant continues to dominate the majority of technology research, including generative AI, grid integrations, and other areas. The dominance is so great that China is on the verge of becoming a technology monopoly.

Bangkok — Nvidia CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China — a reversal of administration policy. The news came in ...

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday ...

U.S. Secretary of the Treasury Scott Bessent, left, U.S. Trade Representative Jamieson Greer, second left, Chinese ambassador to the World Trade Organization Li Chenggang, second right, and Chinese Vice Premier He Lifeng, right, attend a bilateral meeting ...

BANGKOK (AP) — Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday ...

Two men from Tampa are facing federal charges after they were busted sending sophisticated computer parts to China.