Malaysia finds no evidence of wrongdoing in Nvidia-linked firm case

Malaysia’s investment, trade and industry minister Johari Ghani said there is no evidence yet that local firm Speedmatrix Sdn Bhd violated Malaysian law amid a US media report linking it to an Nvidia chip scandal. The ministry has not received proof of wrongdoing, but Johari said Malaysia will not allow itself to be used to circumvent export controls and will act firmly against any company found breaking the law. Credible evidence or formal requests from foreign authorities will be assessed per Malaysian legal processes. The New York Times reported allegations involving Speedmatrix and Singapore-based Megaspeed International, which bought US$4.8 billion in Nvidia AI chips between June 2024 and February 2026. A US trade official found unopened Nvidia chips at a Speedmatrix data centre in October 2025, raising suspicions they were destined for China.