Commerce Department halted Nvidia chip smuggling probe after Nvidia contacted officials

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AI Fusion Summary

The U.S. Commerce Department halted a probe into alleged Nvidia chip smuggling after the company intervened, citing corporate influence and U.S.-China tech tensions. The investigation into Singapore‑based Megaspeed, which bought advanced Nvidia AI chips, was subsequently transferred to the Justice Department following contact from a top Nvidia executive. This case underscores concerns over export‑control enforcement and the role of tech giants in shaping regulatory outcomes.
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