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Market Chatter: Nvidia Employee Detained by Taiwan in Chip Smuggling Probe

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Taiwanese prosecutors have detained an Nvidia employee as part of an investigation into the alleged smuggling of AI chips into China, Bloomberg News reported Tuesday, citing people familiar with the matter.

Authorities searched the employee's home and desk at Nvidia's Taipei office, according to the report.

The investigation marks the first known instance of Taiwanese authorities taking legal action against an Nvidia employee, Bloomberg reported.

Nvidia didn't immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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