Singapore charges one more individual with AI chip fraud
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump says US to hit Iran ‘extremely hard’ in next 2-3 weeks Oil prices rebound above $105/bbl after Trump vows to hit Iran ‘extremely hard’ Stocks kick off April on a strong note after Trump says Iran asked for ceasefire Now up 169%+: A new list of AI-picked stocks for April IS NOW LIVE (South Africa Philippines Nigeria) Singapore charges one more individual with AI chip fraud By Stock Markets Published 04/02/2026, 01:03 AM Updated 04/02/2026, 01:06 AM Singapore charges one more individual with AI chip fraud 0 DELL 3.20% NVDA 0.77% SMCI -1.14% By Jun Yuan Yong SINGAPORE, April 2 - Singapore prosecutors charged one more person with fraud on Thursday for making false representations to U.S. server supplier Dell Technologies , linking her to two other individuals charged with similar offences in February last year. Jenny Lim was charged with conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie in 2024 to commit fraud by misleading Dell that Aperia International would be the end-user of the servers bought from Dell, police said in the charge sheets. Singapore Home Affairs Minister K Shanmugam said in March last year that authorities ascertained that servers involved in the case may contain Nvidia chips. The servers were supplied by Dell and artificial intelligence server maker Super Micro Computer to Singapore-based companies, and were then sent on to Malaysia, although it was not clear if Malaysia was their final destination, he said. The United States banned the export of high-end chips from Nvidia to China in 2022 amid concerns that they could be used for military purposes. The United States later approved the sale of Nvidia’s second-most powerful H200 chips in January this year, with some conditions. In 2024, Singapore was Nvidia’s second-biggest market after the United States, accounting for 18% of its total revenue in its latest fiscal year, a February 2025 filing by the chipmaker shows. But Singapore s...
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