Nvidia removes Singapore from revenue reports amid Megaspeed export scrutiny

Nvidia changed its revenue reporting to remove Singapore as a separate category, coinciding with scrutiny over customer Megaspeed, which is suspected of diverting chips to China. CEO Jensen Huang resigned Thursday amid revelations of an affair with a former Megaspeed executive, with CFO Colette Kress taking over. Nvidia added Megaspeed to its internal block list in June 2025, and Singapore disappeared from its geographic revenue breakdown in the October 2025 report, which shifted to customer headquarters location. Singapore revenue was $10.2 billion in the prior quarter, 22% of total revenue, and Singapore authorities investigated Megaspeed without finding espionage evidence. Columbia Business School professor Shiva Rajgopal said the timing raises questions, though correlation is not causation, and the change will likely factor into U.S. investigations into export control compliance. He noted Kress’s role will be scrutinized, but public filings show no evidence she knew of a connection, and he doubted a CFO is suited to lead a tech-heavy company long-term.