Megaspeed, the Singapore-based chip firm caught in the crosshairs of a widening U.S. national security probe, pledged on Thursday to cooperate fully with American authorities.
The company’s move follows intense scrutiny surrounding its ties to Nvidia CEO Jensen Huang and allegations that it served as a conduit for illicitly shipping advanced American-made chips into China.
The commitment from Megaspeed arrives as the board of Nvidia, the world’s second most valuable company, meets to determine the future of its co-founder. Jensen Huang, 63, remains under pressure after admitting to an affair with Alice Huang, a former executive at Megaspeed who U.S. intelligence officials have identified as a Chinese intelligence operative, NBC News reported.
Compliance Efforts Amidst Federal Scrutiny
In its first public statement regarding the scandal, Megaspeed asserted that it takes its obligation to comply with U.S. export control laws “extremely seriously.” The company confirmed it has already engaged a leading U.S. law firm to conduct a comprehensive census of its graphics processing units (GPUs) and to verify its internal export compliance practices.
“Megaspeed is committed to working constructively and transparently with the U.S. government,” the company said. It further said that it has previously cooperated with inspections by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and stands ready to assist with any other relevant investigations.
The firm’s financial trajectory has also drawn sharp attention from regulators. According to Singapore corporate records, Megaspeed’s total assets ballooned nearly 90-fold between late 2023 and 2024, reaching almost US$3 billion. Its revenue experienced a similar surge, climbing from zero in 2023 to over US$294 million in 2024, as reported by the Associated Press.
Nvidia’s Internal Intervention
In late 2025, Nvidia’s general counsel, Tim Teter, reached out to Commerce Under Secretary Jeffrey Kessler to inquire about the federal probe into Megaspeed and the detention of Alice Huang by Singaporean authorities. At the time, Teter was seeking clarity on whether the U.S. government had played a role in that detention, The Economic Times reported.
Following that outreach, BIS staff reported that their ability to investigate Megaspeed was restricted. Employees were instructed to route all communications regarding Nvidia through Kessler and were advised not to mention Megaspeed or its Malaysian subsidiary, Speedmatrix, in external correspondence.
An Nvidia spokesperson said that Teter was unaware of the affair at the time of his inquiry and that the company regularly consults with officials to provide information and seek guidance.
Uncertainty Over Intelligence Links
While Jensen Huang has admitted to an affair with Alice Huang, her exact role and relationship with China’s intelligence services remain unclear. Intelligence officials are still working to determine if she was a career operative for the Ministry of State Security or an individual who was coerced into sharing information due to her proximity to Jensen Huang.
Sens. Elizabeth Warren, D-Mass., and Chris Coons, D-Del., have formally requested that Commerce Secretary Howard Lutnick preserve all records related to the Megaspeed investigation. As Democrats prepare to take control of both the House and Senate, the potential for formal subpoenas into the relationship between Nvidia and the Singaporean firm appears increasingly likely.
China has dismissed the espionage claims as a fabrication, with a foreign ministry spokesperson stating on Thursday that the U.S. should stop using “so-called espionage narratives as a pretext for implementing technological blockades.” For now, the Nvidia board continues its deliberations, leaving the industry to wait for a resolution on whether Jensen Huang will survive the fallout of his personal and professional entanglements.
