Nvidia: How the Jensen Huang scandal exposes the thorny problems of pro-business Singapore

Nvidia founder Jensen Huang resigned on Thursday after admitting the extramarital affair; Alice Huang, with whom he is said to have had the affair, formerly ran Singapore data center company Megaspeed, the largest buyer of Nvidia chips in Southeast Asia, which is suspected of providing a backdoor channel for Chinese companies through data centers in Malaysia, Indonesia and Thailand. The Singapore government said that since February 2025 it has been investigating whether Megaspeed and other companies made false declarations about data servers procured through Singapore for export, has not filed charges in nearly two years, and that Singaporean and U.S. investigations are ongoing. Singapore was Nvidia's second-largest billing center globally last year, accounting for nearly one-fifth of its revenue, but less than 1% of chip-related revenue actually entered Singapore. Singapore had previously charged four companies and five individuals with offenses including fraud, amid U.S. concerns about DeepSeek buying chips through third parties; analysts believe the case will make Singapore's neutral positioning between China and the U.S. harder to maintain.