Epoch AI: trade data consistent with $3B+ in chips smuggled to China via Malaysia

Jsevillamol · x · 2026-09-18

Epoch AI's analysis of trade data is consistent with more than $3 billion of chips smuggled into China via Malaysia. Between April 2024 and June 2025, China recorded $3.8 billion in server imports from Malaysia, averaging $106,000 per server — while Malaysia declared the same shipments at just $17,000 each, a nearly sixfold gap that strongly suggests smuggling.

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