Singapore has promised to work closely with the US authorities to probe allegations over China's AI firm DeepSeek, obtaining Nvidia chips through proxies.
Chip stocks got hit hard on Monday in response to the launch of the Chinese artificial intelligence (AI) chatbot DeepSeek.
Singapore's Ministry of Trade and Industry issued a statement on Saturday (Feb 1) following reports that Chinese company DeepSeek could have used US chips that are not allowed to be shipped to China.
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