US authorities have indicted Chinese nationals on charges of smuggling AI chips and drug trafficking, amid ongoing competition between the two countries in AI and escalating tensions.

In two different cases on Wednesday, United States authorities indicted Chinese nationals on charges ranging from conspiring to smuggle advanced AI chips to China to drug trafficking and money laundering. The cases came on the same day US President Donald Trump announced new mid-May dates for his highly anticipated summit with China. The developments come as the two countries continue to compete over global leadership in artificial intelligence, and as Washington continues to accuse Beijing of.....