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US arrests tech CEO accused of smuggling $300M in Nvidia chips into China

2 October 2026 at 14:39

The US has arrested another suspect accused of smuggling high-end computer servers containing export-controlled Nvidia chips into China.

In a press release on Thursday, the Department of Justice accused 38-year-old Greg Lui of using false paperwork to mask shipments of servers worth more than $300 million that he allegedly knew were ultimately destined for China.

As the CEO of Earthmade Computer, Lui allegedly conspired with freight-forwarding firms in South Asian countries like Malaysia and Singapore to illegally divert chip shipments into China, including Nvidia’s A100 GPUs and H100 GPUs, the FBI’s indictment alleged. These are not Nvidia’s most advanced chips. However, the chips can process large amounts of data and train large language models, which the US fears could pose national security risks if China suddenly gets access to enough chips to drastically advance its AI or strengthen its military.

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Β© Bloomberg / Contributor | Bloomberg

The 7-year-old Nvidia Shield TV is now $100 more expensive due to AI

2 October 2026 at 10:52

The era of generative AI has upended technology supply chains, and there is one ironclad rule in 2026: If it has memory or storage, it's getting more expensive. Even devices with years-old tech inside are still apparently subject to that unwritten rule. Nvidia has just announced that the Shield TV Pro is getting $100 more expensive, effective immediately.

The most recent version of the Shield streaming box debuted in 2019, running Android TV with AI upscaling and hardware decoding for almost any type of media. While it ran an aging Tegra X1+ processor, that was (and still is) fast for a TV media streamer. The device launched at $199.99, with a non-Pro variant at $149.99. The non-Pro Shield has since been discontinued, but the Shield TV Pro lives on at the new $299.99 price.

Nvidia has confirmed that you can blame AI for the higher Shield TV pricing. "Starting October 2, SHIELD Pro will be priced at $299. The cost of components, including memory, has increased substantially across the industry," a spokesperson told Ars.

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Β© Ryan Whitwam

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