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In previous years, we've mentioned countless times that a certain Southeast Asian country's primary business is chip smuggling + rare earth smuggling……
Today: Wally Liaw, co-founder of Super Micro Computer (SMCI), was arrested by the FBI for smuggling Nvidia chips to China! He is accused of using a Southeast Asian shell company to smuggle Nvidia servers worth billions of dollars to China……
So it seems rare earth smuggling is something everyone relatively supports 😆😅