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Megaspeed has pulled itself into the center of a US government probe after importing billions of dollars’ worth of Nvidia chips that do not appear to match what is running inside its known data centers, according Bloomberg. The Singaporean AI company has managed become the largest Southeast Asian buyer of Nvidia hardware in less than 3 years, which placed it squarely inside Washington’s long-running fight to stop advanced chips from slipping into China. The US is currently investigating centers on whether Megaspeed moved Nvidia chips into China without licenses or whether the company is Chinese in practice despite its Singapore registration. Such findings would breach US curbs designed to limit China’s AI and military capabilities. Singapore police confirmed they are checking for violations of local laws but did not name them. In Malaysia, which hosts most of the company’s operations, a government spokesperson allegedly said compliance monitoring is ongoing. The company rejects the allegations.In a statement, Megaspeed said it operates from Singapore and follows all applicable regulations, including US export controls. An Nvidia spokesperson allegedly said the chipmaker found no evidence of diversion and confirmed the company is fully owned and operated outside China with no Chinese shareholders. The spokesperson added that the services offered fall within permitted cloud activity. The business model involved is a neocloud structure, meaning it rents high-performance hardware for AI work. At many Southeast Asian sites, Megaspeed leases Nvidia capacity to Alibaba, the Chinese tech giant already under US national security review. Megaspeed’s trade records are consistently showing gaps between AI chip imports and deployed hardware From its 2023 launch through November this year, Megaspeed imported at least $4.6 billion in Nvidia hardware, covering 136,000 GPUs, based on Malaysian and Indonesian customs records compiled by Big Trade Data More than half came from Nvidia’s Blackwell…

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Filed under: News - @ December 23, 2025 12:26 am