Nvidia CEO defends Megaspeed dealings amid US spy investigation

Nvidia chief executive Jensen Huang told Bloomberg that the firm’s interactions with Singapore-based Megaspeed International were "normal and not unusual" and that Nvidia had audited the company’s use of its GPUs to ensure no illegal diversion of artificial-intelligence chips to China. "We've studied all their deployments of our GPUs and counted every one," Huang said.

The comments came after a New York Times report that U.S. authorities were probing a former Megaspeed executive for allegedly providing information to the Chinese government and helping evade U.S. chip export restrictions. Huang added that his contacts with the executive were typical of dealings with Chinese customers and that the individual no longer works for Megaspeed.

China’s foreign ministry rejected the allegations, with spokesman Guo Jiakun calling the report "groundless speculation" and an attempt to smear China.

Singapore police confirmed that investigations into Megaspeed remain ongoing but declined further comment. The force noted that Singapore does not enforce unilateral export controls imposed by other jurisdictions, while expecting companies operating locally to respect foreign regulations. It also emphasized a zero-tolerance approach to fraud and dishonest practices, citing recent charges against individuals and firms for server-supplier fraud.

Singapore’s Ministry of Home Affairs clarified that it has not investigated Alice Huang, who has been linked to Megaspeed, and that no official statements have been made regarding her alleged connections to Chinese intelligence or to Jensen Huang.