Malaysian Trade Minister Tengku Zafrul Aziz said the country will take "necessary action" against Malaysian companies if they're implicated in a fraud case involving Nvidia Corp. chips allegedly routed from Singapore.

KUALA LUMPUR] Malaysia’s NationGate was caught in the fallout of Singapore’s investigation into the alleged fraudulent transfer of Nvidia’s advanced artificial intelligence (AI) chips, sending its shares crashing nearly 30 per cent on Monday (Mar 3) before trading was halted for an hour on Tuesday.

SINGAPORE: Authorities in Singapore said on Monday (March 3) that the servers connected to a fraud case the police have been investigating recently might have c

On Thursday, Singaporean police arrested 3 men for allegedly smuggling Nvidia chips, Channel News Asia reported. The men, two Singaporeans and one Chinese citizen, were charged with fraud over a supply of servers.

Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China, outlining a case that’s highlighted the role of middlemen in funneling high-end semiconductors.

Servers that may contain AI-powering Nvidia chips shipped from the United States to Singapore ended up in Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday.

Singapore is investigating a fraud case involving Dell (NYSE:DELL) and Super Micro Computer (NASDAQ:SMCI) servers supplied to Singapore-based companies and then shipped to Malaysia, which may have contained Nvidia (NASDAQ:NVDA) chips that the U.