Megaspeed pledges cooperation with U.S. probe amid Nvidia CEO scandal
Megaspeed said it will work with U.S. authorities following investigations into alleged export-control violations linked to a Chinese intelligence operative tied to Nvidia CEO Jensen Huang.
Megaspeed, a Singapore-based chip supplier to Nvidia, issued a statement on Thursday confirming it will cooperate with U.S. government investigations. The company said it takes its obligations under U.S. export-control laws "extremely seriously" and has already worked with inspections by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS). It added that it has retained a leading U.S. law firm to audit its GPU inventory and verify compliance practices.
The announcement came after reports that Alice Huang, a senior Megaspeed executive, had an affair with Nvidia CEO Jensen Huang and was identified by U.S. intelligence as a Chinese intelligence operative. Singapore’s Ministry of Home Affairs said it barred Alice Huang from re-entering the country and impounded her passport, noting that she was not investigated for espionage but for providing inaccurate information to police.
U.S. investigators have been examining whether Megaspeed smuggled American-made chips to China in violation of export controls. A February investigation concluded there was insufficient evidence to charge Jensen Huang, while inquiries into Megaspeed and six other individuals remain ongoing.
Nvidia announced that Jensen Huang resigned on Thursday, naming Executive Vice President and Chief Financial Officer Colette Kress as interim CEO. The board met the previous night to discuss the matter, and the White House was reportedly aware of the meeting.
China’s foreign ministry dismissed the allegations as "smears" and urged the United States to stop "fabricating" espionage narratives. U.S. officials, including members of the House Intelligence Committee and several senators, have sought to preserve related records as congressional oversight intensifies.