Singapore-based Megaspeed under US scrutiny over Nvidia chip access
Singapore-based cloud firm Megaspeed faces renewed US scrutiny over its ties to Nvidia CEO Jensen Huang and alleged links to Chinese intelligence, amid suspicions it helped Beijing access restricted AI chips. Megaspeed, an Nvidia customer, was incorporated in 2015 and renamed in March 2023. Its assets surged to US$3 billion in 2024 from US$33 million in 2023, with revenue jumping to US$294 million from zero. Singapore police are investigating suspected domestic law breaches. Singapore authorities deny commenting on Alice Huang's alleged intelligence ties but confirm ongoing Megaspeed probes. The city-state, a hub for Chinese firms seeking to reduce US-China tensions, says it acts firmly against illegal practices while not enforcing foreign export controls.