Trump confirms FBI probe into Nvidia chief's links to suspected Chinese spy

Singapore-based cloud computing firm Megaspeed finds itself under fresh investigation as the United States examines allegations surrounding Nvidia CEO Jensen Huang's romantic relationship with Chinese businesswoman Alice Huang, who is suspected to be a Chinese spy. Megaspeed, an Nvidia customer since 2015, was originally named 7Road International but rebranded as Megaspeed International in March 2023.

The company, wholly owned by Swiftdata, a Singapore-registered entity, specializes in providing non-data center hosting services.

Two Singaporeans serve as officers for both Megaspeed and Swiftdata. Tan Yong Peng joined Swiftdata as a director in October 2023 and later became a director at Megaspeed less than two weeks later. Huang Le, Alice Huang's Chinese name, was Huang's role as managing director of Megaspeed before she ended her eight-month tenure in August 2023.

Swiftdata and Ng Wei Shi Khloe, listed as company secretary for both companies, share the same address. Tan and Ng are the sole listed officers for the two firms. Reuters could not immediately reach Swiftdata, and Megaspeed declined to comment.

US authorities are scrutinizing Megaspeed due to suspicions that the company facilitated Beijing's access to Nvidia's restricted AI chips. Megaspeed's website states it is an Nvidia Cloud Partner in the Asia-Pacific region, offering access to Nvidia's GB200 NVL72 and HGX H100 systems. The company's assets grew significantly from $33 million in 2023 to $3 billion in 2024, and its revenue surged to $294 million from zero. However, Megaspeed reported a $20 million after-tax loss in 2024, down from $21,283 the previous year.

In October 2023, Singapore police were probing Megaspeed over suspected breaches of domestic laws after a US senator requested the Commerce Department investigate potential chip diversion. The Home Affairs Ministry subsequently dismissed the allegations, stating that neither the Singapore Government nor its officials conducted any investigation. The ministry emphasized its commitment to combating fraudulent practices, noting ongoing investigations into four other individuals in an unrelated chip fraud case.