In internal messages, Jensen Huang defended Nvidia’s dealings with Singapore-based customer Megaspeed International as “normal and not unusual.” He stated that the chipmaker had verified the destinations of its graphics processors to comply with US export controls on artificial intelligence technology. Nvidia says it found no evidence of chip diversion through Megaspeed and considers the risk of smuggling through the channel to be minimal. Following allegations involving former executive Alice Huang, multiple shareholder lawsuits were filed and the board commissioned an independent investigation. The board found no national security concerns or compromised intellectual property, but Huang’s messages could be used by plaintiffs to challenge the company’s disclosures to investors.
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