Megaspeed and Nvidia Scandal Investigation

Megaspeed has engaged US lawyers to manage its inventory of graphics processing units and ensure export compliance. This action comes amid the controversy involving Nvidia’s CEO, Jensen Huang.

The Singapore government confirmed they are investigating Megaspeed, the company at the center of this issue. However, they noted that the US has offered limited assistance in the investigation. On Thursday, Singapore’s Ministry of Home Affairs stated they started looking into several corporations and significant figures, including Megaspeed International, back in February 2025.

The investigation involves Alice Huang, a leader at Megaspeed who is alleged to be involved in a relationship with Jensen Huang. Allegations suggest Alice Huang may be a Chinese intelligence asset, although China denies these claims. The focus of the inquiry is whether Megaspeed made false statements regarding server purchases amongst other potential offenses, but it does not include espionage charges.

President Donald Trump noted that the FBI is reviewing these claims. Nvidia’s Board of Directors announced Thursday that Jensen Huang resigned as CEO after media reports highlighted his affair with another Nvidia executive. During the Singapore investigation, Alice Huang’s passport was confiscated in June 2025 but it was later returned in February 2026 when it was determined that there was insufficient proof of wrongdoing. Huang subsequently left Singapore the following day.

Despite shared interests, Singapore criticized the lack of cooperation from the US, seeking more information about Supermicro, a US company tied to Nvidia. Since September 2025, the Singapore Police Force has received little information regarding the company.

Singapore barred Alice Huang from returning due to providing inaccurate information during the investigation. Reportedly, she is currently in Beijing. Meanwhile, Megaspeed’s CEO, Tan Yong Pong, released a statement expressing the company’s willingness to participate in proper governmental scrutiny. Megaspeed buys and rents Nvidia chips and pledges to conduct a comprehensive assessment of their GPUs to verify their adherence to US export laws.

The New York Times reported that Megaspeed faces a US criminal inquiry for allegedly smuggling chips to China, violating US export controls. The company denies any chip diversion and maintains that it has been cooperating with inspections by the US Commerce Department’s Bureau of Industry and Security. Tan stated that the firm seeks to demonstrate its compliance through verifiable actions.