Singapore police investigate Nvidia partner Megaspeed
What we know so far about Nvidia partner Megaspeed’s Asia footprint
Singapore cloud computing company Megaspeed is again under scrutiny over suspected involvement in the flow of billions of dollars of restricted Nvidia chips into China, and Nvidia's board has opened an investigation into whether CEO Jensen Huang has become a target of a foreign intelligence operation. According to The New York Times, citing people familiar with the matter, U.S. intelligence determined that Alice Huang, the actual person in charge of Megaspeed, was recruited by China's Ministry of State Security to gather information on Huang; The Information said her relationship with Huang facilitated the flow of at least USD 7.5 billion of Nvidia chips to Chinese companies, which CNBC could not independently verify. The company's assets surged from USD 33 million in 2024 to about USD 3 billion, and affiliated Malaysian entity Speedmatrix purchased at least USD 4.8 billion of AI equipment containing Nvidia chips between June 2024 and February 2026; U.S. trade officials found unopened chips at its data center in 2025, but there was no conclusive evidence that they were diverted.