The US Commerce Department abruptly ended its inquiry in late 2024 into Megaspeed International, a Singapore-based company suspected of diverting Nvidia artificial intelligence chips to China. After Nvidia contacted the department, the case was transferred to the Justice Department, which handles criminal prosecutions. US intelligence agencies regard Alice Huang, a former Megaspeed executive with a close relationship to Nvidia chief executive Jensen Huang, as a Chinese intelligence asset. Nvidia denies any wrongdoing, says every deployed graphics processing unit has been accounted for, and states that Megaspeed has no Chinese shareholders. Nvidia’s board launched an independent investigation on November 8, 2026, into claims that Jensen Huang may have been targeted by foreign intelligence, while Singaporean authorities continue their own inquiries and no violation has been publicly established.
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