Nvidia partner Megaspeed faces U.S. security probe

Megaspeed under U.S. scrutiny

Megaspeed International, a Singapore-based cloud computing firm, faces a U.S. national security probe over suspected facilitation of billions of dollars in restricted Nvidia chips to China.

Founder's relationship with Nvidia CEO

Alice Huang, Megaspeed's founder, also known as Huang Le, reportedly used her relationship with Nvidia CEO Jensen Huang to facilitate at least seven point five billion dollars in chip shipments to Chinese firms.

Intelligence recruitment allegation

U.S. intelligence identified Alice Huang as having been recruited by China's Ministry of State Security to gather information on Jensen Huang, according to people briefed on the intelligence cited by The New York Times.

Huang returns to Beijing

Bloomberg reported that Alice Huang has returned to Beijing with the knowledge of Chinese security officials, amid the growing scandal surrounding Megaspeed and its operations.

Nvidia board opens investigation

Nvidia's board has opened an investigation into whether CEO Jensen Huang was targeted by a foreign intelligence operation.The company says it has no reason to believe U.S.national security or Nvidia confidential information was compromised.

Singapore operations and growth

Megaspeed was incorporated in two thousand fifteen as seven Road International and lists Singapore as its main office. Assets surged to about three billion dollars in two thousand twenty-four from thirty-three million a year earlier.

Singapore police investigation

Singapore police opened an investigation into Megaspeed in October two thousand twenty-five over suspected breaches of domestic law. The Wall Street Journal reported Singapore officials investigated Alice Huang over alleged links to Chinese intelligence.

Malaysia operations and concerns

Megaspeed subsidiaries Speedmatrix and MSFusion operate in Malaysia. A U.S. trade official found unopened Nvidia chips at a Speedmatrix data center in two thousand twenty-five, prompting suspicions of illegal re-export to China.

Malaysia minister's response

Malaysia's Investment, Trade and Industry Minister Johari Abdul Ghani said his ministry had not been presented with evidence that Speedmatrix violated Malaysian law and had not opened an investigation into the company.

Indonesia operations

Megaspeed operates in Indonesia through a Jakarta-based entity active in cross-border trade. Customs data through June two thousand twenty-six shows two hundred forty-two transactions involving Nvidia H100 graphics processing units.

Megaspeed denies wrongdoing

Megaspeed denied illegally transferring chips to China, saying it underwent inspections by the U.S. Commerce Department, Malaysia's Ministry of Investment, Trade and Industry, and Nvidia with no violations found.

“We operate fully within the bounds of all applicable export control regulations and maintain the highest standards of legal and ethical conduct.”