Egypt’s Ministry of Electricity and Renewable Energy said it would keep the tariff unchanged for the first low-consumption household bracket of up to 50 kWh, while raising other residential tiered rates by an average of 12%. The move targets an annual subsidy gap of about 100 billion pounds ($1.9 billion) between production costs and consumer tariffs. The subsidy share declines as usage rises, from customers paying 25% of the bill at 50 kWh to full cost from 2,000 kWh, according to the ministry.

Taiwan’s Keelung District Prosecutors Office said it raided a man’s home and workplace on July 24 and detained him on suspicion of offences including falsifying business documents in a case involving alleged exports of roughly 50 Super Micro servers to China. A source familiar with the investigation identified the detainee as an Nvidia employee and said the case centers on suspected illegal transfers of AI chips. Singapore police have also seized a luxury bungalow worth more than $40 million as part of fraud investigations linked to the alleged transfer of AI chips. The developments highlight export-compliance risks surrounding high-end AI computing equipment and could weigh on Nvidia’s customer trust and order execution in sensitive markets.