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Chip Exports

2 GoKawiil briefs on this topic

Megaspeed's Singapore-linked data center network faces scrutiny over Nvidia chip flows

Megaspeed International, a Singapore-based cloud firm with data centers across Southeast Asia, is under scrutiny amid reports that its de facto leader, Alice Huang, was recruited by China's Ministry of State Security and used her ties to Nvidia CEO Jensen Huang to help route at least $7.5 billion in restricted chips to Chinese firms, according to The Information and The New York Times. Nvidia's board has launched an investigation into whether Jensen Huang was targeted by a foreign intelligence operation, while the company says it has no evidence that confidential information or U.S. national security was compromised. Megaspeed, incorporated in 2015 and wholly owned by a Singapore entity called Swiftdata, lists offices in Singapore and Indonesia, though one listed office showed no signs of activity when visited by local media last year.

Commerce Secretary Lutnick resists Trump-backed curbs on Nvidia chip exports, Axios reports

Axios reports that President Trump authorized a tighter crackdown on exports of Nvidia chips overseas, but Commerce Secretary Howard Lutnick has been slow to implement the restrictions. The report characterizes Lutnick as stalling despite the president's go-ahead.