US authorities are reportedly investigating Apex Logistics, a company based in Singapore and a wholly-owned subsidiary of Kuehne+Nagel (K+N). The investigation focuses on the company's suspected role in supplying AI chips to China, as reported by The Loadstar.
The news emerged earlier today, with Bloomberg cited by The Loadstar as the original source, referencing individuals familiar with the situation. The specific details of the investigation remain undisclosed in the provided material.
Since 2022, the United States has implemented restrictions on the sale of advanced AI chips to China. These restrictions aim to control the flow of high-end technology to the region.
More recently, these restrictions have been expanded to include H20 chips. These particular chips are designed specifically for artificial intelligence segments, according to information from The Loadstar.
