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US Arrests Man for Smuggling Nvidia Chips to China as State-Backed Firm Funds Deal

Authorities arrested Greg Lui for smuggling $300 million in restricted chips, while documents reveal Semi-Tech Leasing Group funded the purchase.

2 publishers · 4 articles · first seen 1 Oct 2026 · updated 2h ago

The odds

How the odds moved · Nvidia
0%50%100%8%26 Sept, 15:48 UTCnowBloomberg Technology: Man Charged by US With Illegally Shipping Nvidia Chips to China · 2 Oct, 00:03 UTCBloomberg Technology: Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal · 1 Oct, 21:00 UTCtheinformation.com: California Man Arrested for Smuggling Nvidia Chips to China · 2 Oct, 07:55 UTCtheinformation.com: Chinese State-Backed Firm Funded Purchase of Nvidia Chips · 2 Oct, 07:49 UTC

Each tick is a source publishing on this story

Price data
TimeChance of yes
now8%
1 Oct, 19:34 UTC8%
30 Sept, 17:20 UTC14%
30 Sept, 01:08 UTC13%
28 Sept, 03:26 UTC9%
26 Sept, 15:48 UTC14%

The story so far

2 publishers have covered this in 4 articles since 1 Oct 2026. Bloomberg Technology published first, on 1 October at 21:00 UTC; theinformation.com followed 10h 50m later. The most recent article, from theinformation.com, appeared on 2 October at 07:55 UTC.

Outlets reporting it: Bloomberg Technology (major outlet), theinformation.com.

One prediction market prices this story:

  • Nvidia — the market puts it at 8%, with $1k traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if any part of the U.S. federal government takes a stake in Nvidia before January 1, 2027. Otherwise, it resolves to No. Readers often mistake this for a prediction about stock performance rather than government ownership.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.

How it unfolded

Every source in the order it published, with the odds on Nvidia at that moment. A dash means the source published before we started tracking prices.

  1. Bloomberg TechnologyChinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal8%
  2. Bloomberg TechnologyMan Charged by US With Illegally Shipping Nvidia Chips to China8%
  3. theinformation.comChinese State-Backed Firm Funded Purchase of Nvidia Chips8%
  4. theinformation.comCalifornia Man Arrested for Smuggling Nvidia Chips to China8%
  5. Current odds8%

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Man Charged by US With Illegally Shipping Nvidia Chips to China Bloomberg Technology ·
  2. Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal Bloomberg Technology ·
  3. California Man Arrested for Smuggling Nvidia Chips to China theinformation.com
  4. Chinese State-Backed Firm Funded Purchase of Nvidia Chips theinformation.com

Markets on this story

  • Kalshi Nvidia 8% −6 $1k 24hends 1 Jan 2027

    Does the market have this right?

    Wrong market?

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In this story

  • Nvidia Corp.
  • Greg Lui
  • Earthmade Computer Inc.
  • Semi-Tech Leasing Group
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