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$92 Million In Banned AI Chips Went From Super Micro To Little Known Chinese Tech Company
$92 Million In Banned AI Chips Went From Super Micro To Little Known Chinese Tech Company
A little-known Chinese tech company saw its stock drop sharply after U.S. authorities charged a co-founder of Super Micro Computer with illegally smuggling advanced AI chips into China, according to Bloomberg.
The case is putting fresh focus on how restricted American technology may still be entering the country.
The company, Sharetronic Data Technology, quickly denied any connection to Super Micro and said it complies with all hardware purchasing regulations. However, newly surfaced records tell a more...
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Mar 28, 2026 / Tyler Durden
Alarming West Texas Oil Theft Emerges As National Security Threat
Alarming West Texas Oil Theft Emerges As National Security Threat
Criminals are exploiting weak points across the West Texas oil production region, which accounts for 15% of the world's energy resources. This emerging wave of oil theft is burning a multi-billion-dollar hole in the budgets of oil and gas operators across the Permian Basin and is becoming a national security threat.
Bloomberg reports that oil and gas producers are losing at least $1 billion, if not more, per year due to oilfield theft in what the outlet describes as something...
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Mar 8, 2026 / Kyle Anzalone
Trump Considers Deploying Ground Forces to Iran to Secure Nuclear Material
President Donald Trump may send special operations forces to Iran to seize the Islamic Republic’s nuclear material. According to three diplomatic sources speaking with Bloomberg, the President is considering using special operations forces in Iran to gain control over Tehran’s roughly 400 kilograms of 60% enriched uranium. “They haven’t been able to get to it […]
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Mar 25, 2026 / Laurent Hynes
The Mistaken Identity of Prediction Markets
Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
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