US Probes Apex Logistics Over Alleged Smuggling of Nvidia Chips

US authorities have launched an investigation into logistics company Apex Logistics over allegations that it illegally shipped Nvidia's high-performance chips to China. The probe is said to be based on findings that the company facilitated the delivery of these chips to China in violation of export controls. Sources close to the matter indicate that the review is still in its early stages, with a detailed examination of the company's operations underway. Apex Logistics is alleged to have played a key role in the shipment of restricted technologies, including Nvidia's advanced AI chips. Such chips are among the products whose export to China is restricted by the US on national security grounds. The investigation comes at a time when the US is tightening its sanctions on technology transfers. Experts suggest that such probes may be part of a broader effort to enhance the effectiveness of export control mechanisms. Apex Logistics has not yet made an official statement regarding the investigation, but it is understood to be cooperating with authorities. These developments are seen as a reflection of increased scrutiny in technology supply chains and geopolitical tensions. This is not investment advice.