Nvidia customer Megaspeed says it cooperated with US inspections, takes export control laws seriously

Megaspeed International, a Singaporean buyer of Nvidia's advanced artificial intelligence chips, has enlisted a US law firm to assess its compliance with American export control laws, according to James Tan, the company's Singaporean director and chairman. The review aims to conduct a thorough inventory of its graphics processing units and independently verify its export control compliance practices.

Tan emphasized that Megaspeed is dedicated to complying with US export control laws, describing it as a top priority. The company has also cooperated with inspections by the US Department of Commerce's Bureau of Industry and Security, which oversees export controls. Despite previous speculation that Megaspeed might be placed on a US trade blacklist due to concerns about possible chip diversion, US authorities have delayed a decision.

Singapore's Ministry of Home Affairs confirmed that investigations into Megaspeed are ongoing, and the company remains committed to transparent and responsible operations.