Malaysia Says Probing Megaspeed Subsidiary over Possible AI Chip Diversion
MITI said it has not cleared SpeedMatrix or Megaspeed and is checking whether imported AI chips were re-exported in compliance with Malaysian law.
- On Friday, Malaysia's Investment, Trade and Industry Ministry announced it has never cleared Singapore-based Megaspeed International Pte Ltd or its affiliate, Speedmatrix Sdn Bhd, amid investigations into potential illegal re-exports of high-performance US AI chips.
- Megaspeed faces scrutiny for allegedly steering restricted Nvidia AI chips to China, bypassing US export rules designed to slow artificial intelligence development by Beijing. Singaporean authorities previously barred Alice Huang, a Chinese national linked to the firm, for providing inaccurate information to investigators.
- Routine monitoring visits to Malaysian data centres do not constitute an endorsement, Ministry officials clarified. Importing AI chips into the country currently requires no specific permit or license.
- Collaborating with the Royal Malaysian Customs Department, MITI is investigating whether chips were re-exported unlawfully. Officials warned that providing false information to customs authorities regarding such goods constitutes a "serious offence."
- Malaysia is coordinating with authorities in Singapore and the United States to strengthen trade controls. The probe follows an industry scandal involving Nvidia, which has wiped almost half a trillion dollars off the company's market capitalization amid national security concerns.
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An investigation was opened in Malaysia into a local subsidiary of Megaspeed International, suspected of having hijacked advanced artificial intelligence (AI) chips to other countries, which could extend the scandal involving the American giant of the Nvidia semiconductors, announced Friday a ministry, according to AFP. Megaspeed is a company specialized in data centers, with headquarters in Singapore, and client of the American giant of the Nvi…
Malaysia investigates Megaspeed for diverting AI chips from Nvidia to China, violating U.S. restrictions and expanding the tech giant scandal.The case, which affects the AI industry and national security, led to the resignation of Nvidia's leader and a significant drop in its market value.
The Korea Times
Free Malaysia Today NewsMalaysia probes Megaspeed subsidiary over possible AI chip diversion
KUALA LUMPUR — Malaysia said Friday it was investigating a subsidiary of Megaspeed International over the possible diversion of advanced AI chips to other countries, widening a scandal involving US chip giant Nvidia. It came the day after Nvidia boss Jensen Huang resigned over an affair, reportedly with Alice Huang -- a suspected Chinese spy and former top executive at Megaspeed, a Singapore-based data centre company. Megaspeed is under scrutiny…
MITI says it never cleared Megaspeed, Speedmatrix as Malaysia probes possible AI chip re-exports
KUALA LUMPUR — The Investment, Trade and Industry Ministry (MITI) said today it had never cleared Singapore-based Megaspeed International Pte Ltd or its Malaysian affiliate, Speedmatrix Sdn Bhd.The ministry said it was working with the Royal Malaysian Customs Department to determine whether any chips imported by the companies had subsequently been re-exported to other countries, and whether the transactions complied with Malaysian law.Miti clar…
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