A baffling trail from Australia to Singapore: what is Megaspeed, the company implicated in downfall of Nvidia’s Jensen Huang?
Summary
Megaspeed International, a Singapore-registered company and major foreign customer of Nvidia, is under investigation in several countries over suspected diversion of advanced AI chips. Authorities have taken action against its former director Alice Huang, while company filings and visits to listed addresses have produced conflicting accounts of its operations.Key Facts
- Megaspeed has registered affiliates in the United States, Australia, and other parts of Asia.
- Company filings in Delaware and Australia list Shanghai-born Kai Kang as the sole officer of the affiliates created in 2024.
- An Australian filing lists the Singapore-based Megaspeed International as the affiliate’s stockholder.
- People contacted at listed Australian addresses said they did not know about Megaspeed or its local affiliate.
- The article says Megaspeed purchased nearly $5 billion in AI chips from Nvidia over the past three years.
- Singapore police said they were investigating Megaspeed over suspected breaches of domestic laws after a U.S. senator requested an inquiry into possible chip diversion.
- Singapore said it held Alice Huang’s passport from June 2025 to February over potential false declarations related to Megaspeed, then released her with a warning.
- Malaysia said it was investigating a Megaspeed subsidiary over possible diversion of advanced AI chips.
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