US probes Apex over suspected role in AI chip ‘smuggling’ to China

Singapore-based  Apex Logistics, a wholly-owned subsidiary of Kuehne+Nagel (K+N), is being investigated by the US authorities over its suspected role in supplying AI chips to China. The news broke earlier today with Bloomberg citing sources familiar with the matter. Since 2022, the US has placed restrictions on the sale of high-end AI chips to China. This has more recently included H20 chips speci Read full article →