Megaspeed pledges cooperation with U.S. probe into Nvidia scandal

Megaspeed, the Singapore-based tech firm at the center of the Chinese spy scandal involving Nvidia CEO Jensen Huang, said Thursday it will cooperate with U.S. government investigations. The statement came hours before Huang's resignation, following reports of his affair with an alleged Chinese intelligence operative. Megaspeed, one of Nvidia's largest Southeast Asian customers, is under U.S. criminal investigation for allegedly smuggling American-made chips into China. The company said it takes export control compliance "extremely seriously" and has retained a U.S. law firm to verify its practices. Singapore barred Alice Huang from re-entering the country after finding she provided inaccurate information to police. Nvidia named CFO Colette Kress as interim CEO after Huang quit Thursday. The scandal has raised questions about U.S. official knowledge, with Secretary of State Marco Rubio reportedly circulating a memo about the relationship. China dismissed the allegations as "smears," while Democrats plan to use subpoena power to investigate further.