By Greg Wehner
Publication Date: 2025-11-21 00:01:00
NVIDIA CEO Jensen Huang says the real artificial intelligence boom is only beginning as Big Tech races to secure record-breaking investments.
Two Americans and two Chinese nationals are accused of secretly funneling advanced Nvidia artificial intelligence (AI) chips to China, a plot prosecutors say threatened U.S. national security and violated strict export controls.
The Department of Justice said in a news release that Hon Ning “Mathew” Ho, 34, a U.S. citizen born in Hong Kong and living in Tampa, Florida; Brian Curtis Raymond, 46, of Huntsville, Alabama; Cham “Tony” Li, 38, a Chinese national living in San Leandro, California; and Jing “Harry” Chen, 45, a Chinese national living in Tampa on a student visa, face multiple counts including conspiracy to violate the Export Control Reform Act, smuggling and money laundering.
“The indictment unsealed yesterday alleges a deliberate and deceptive effort to transship controlled Nvidia GPUs to China by falsifying paperwork, creating fake contracts and misleading U.S. authorities,” Assistant Attorney General for National Security John A. Eisenberg said.
“The National Security Division is committed to disrupting these kinds of black markets of sensitive U.S. technologies and holding accountable those who participate in this illicit trade.”
Four people, including two Chinese nationals, are facing federal charges for…
