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Singapore has granted bail to three men suspected of smuggling Nvidia chips and committing fraud against Dell and Super Micro. The move comes after the trio was charged with deceiving suppliers of server computers that may contain Nvidia chips affected by U.S. export rules, which prohibit the sale of these chips to certain countries.
According to reports, the bail amounts were set at S$800,000 ($600,000) for two Singaporean men and S$1 million for a Chinese national. The next court hearing has been scheduled for May 2.
The prosecution had requested an eight-week delay to complete investigations and specific conditions, including barring the men from airports or border checkpoints and prohibiting them from discussing the case if they are released on bail.
