Megaspeed, a Singapore-based cloud computing provider, is suspected of routing Nvidia processors restricted by U.S. export controls to China. According to The Information, Megaspeed executive Alice Huang used her personal relationship with Nvidia CEO Jensen Huang to move at least $7.5 billion worth of Nvidia chips through Megaspeed and its Malaysian subsidiary, Speedmatrix. Between June 2024 and June 2025, Speedmatrix reportedly received more than 200 shipments of restricted Nvidia technology, some of which was used at data centers operated by Shanghai Century Litong, a company linked to Alice Huang’s younger sister. Singapore is investigating possible breaches of domestic law, Megaspeed denies wrongdoing, and Nvidia has launched an independent investigation into reports that Huang was the target of a foreign intelligence effort. The case highlights how companies in Singapore and Malaysia enable Chinese firms to access computing capacity located outside China, a mechanism Washington is seeking to close.
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