Malaysian Authorities Seize $12 Million Worth of AI Chips in Smuggling Crackdown

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Malaysian customs seized advanced AI chips worth about 49.5 million ringgit ($12.11 million) while investigating a suspected smuggling syndicate. Authorities suspect the chips were routed through Malaysia’s main airport amid tighter controls on advanced-chip exports.

Malaysian customs seized about 49.5 million ringgit ($12.11 million) worth of advanced AI chips this month while investigating a syndicate suspected of routing the chips through the country’s main airport, Reuters reported. Malaysia tightened export controls last year on advanced chips ...

Security Politics Markets AI & Tech AI chips smuggling Malaysia customs seizure export controls airport

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