Malaysia will take 'necessary action' if its companies are involved in Nvidia fraud case: Trade minister

"The question is whether Malaysia was a final destination or from Malaysia, it went to somewhere else, which we do not know for certain at this point," Shanmugam told reporters. On Feb. 27, Singapore charged three men with fraud, with local broadcaster CNA saying it understood the cases are linked to the alleged movement of Nvidia chips. That comes after Singapore Law and Home Affairs Minister K Shanmugam reportedly said on Monday that the servers in the fraud case may have contained Nvidia's artificial intelligence chips which were then sent to Malaysia. Malaysia said it will take "necessary action" against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. Speaking to CNBC's "Squawk Box Asia" on Tuesday, Tengku Zafrul Aziz, Malaysia's minister for investment, trade and industry said the country has no information that data center companies operating in Malaysia are "not using the chips that ... Read full article.