US Arrests Tech CEO Over $300M Nvidia Chip Smuggling to China

In October 2026, US authorities arrested a tech CEO accused of smuggling $300 million worth of Nvidia chips into China. The case points to a gray market in which Nvidia chips and Anthropic access are resold into China despite restrictions. Apple, meanwhile, beat Chinese rivals to top smartphone sales in the world's largest smartphone market. The headlines describe these developments separately, without establishing links between them.