Feds Bust Ring Smuggling Next-Gen Chips To China On Same Day Trump Opens Export Floodgates

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Feds Bust Ring Smuggling Next-Gen Chips To China On Same Day Trump Opens Export Floodgates

1 sourceUpdated Jul 2, 2026

The Department of Justice (DOJ) on Monday announced it has shut down a China-linked smuggling scheme for advanced AI chips, minutes before President Donald Trump said he’s easing restrictions on exporting the critical…

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