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Nvidia-linked, S'pore-based firm Megaspeed says it will comply with all US govt guidelines

The firm added that it has retained a US law firm to help conduct an independent census.

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November 12, 2026, 06:32 PM

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Singapore-based company Megaspeed has said that it will cooperate fully with U.S. government regulations.

The firm has garnered attention following reports that it could be involved in smuggling advanced Nvidia AI chips to China, circumventing U.S. export controls.

A former executive, Alice Huang, has also become the subject of a scandal involving Nvidia CEO Jensen Huang, after it was reported that she was allegedly his lover and a Chinese spy.

In a statement on Megaspeed's website, its CEO, James Tan Yong Pong, stated that the company took compliance with U.S. export control laws "extremely seriously".

The firm has cooperated with inspections by the U.S. Department of Commerce's Bureau of Industry and Security (BIS) and will "cooperate fully" with other relevant U.S. government authorities, he said.

Tan added that the company has retained a "leading U.S. law firm" to lead a census of its graphics processing units (GPUs) and independently verify their compliance.

"Megaspeed welcomes appropriate government scrutiny and is committed to demonstrating through concrete actions that it operates responsibly, transparently, and in accordance with applicable U.S. laws."

According to previous reports, Tan is believed to be based in China.

Jensen Huang previously told Bloomberg on Oct. 29, 2026, that Nvidia examined how Megaspeed was utilising their chips and concluded that they were not diverting them to China.

Nvidia has defended relations with Megaspeed, with company spokesperson John Rizzo stating that they had "debunked such claims".

The U.S. Commerce Department’s investigation into Megaspeed reportedly began in late 2024, after one of its officials visited a Megaspeed data centre in Malaysia and saw Nvidia chips still in their boxes, according to reports based on the New York Times’ investigation.

U.S. officials have reportedly suspected that this meant the chips were being held to be shipped on to China, the NYT reported.

The Singapore Police Force (SPF) has launched an investigation into Megaspeed, and confirmed on Oct. 30 that investigations were ongoing.

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