CA tech CEO arrested for smuggling $300 million in restricted AI chips into China
October 7, 2026
Federal agents arrested a California tech CEO October 1, who’s accused of smuggling more than $300 million in restricted AI chips into China.
Greg Lui, 38, aka “Yiu Kong Lui,” of San Gabriel, faces a barrage of federal charges for allegedly selling Beijing a mountain of American-made AI graphics processors in violation of US laws, potentially threatening national security.