The unusual global presence of Megaspeed International, a Singapore-based firm currently under scrutiny for its ties to Nvidia, has triggered international concern regarding its possible role as a front for the Chinese government. Over the past three years, the company—which originally operated as a gaming firm—has emerged as a major foreign purchaser of Nvidia’s high-end artificial intelligence hardware, acquiring nearly $5 billion in chips and equipment. Megaspeed and its Malaysian affiliate, Speedmatrix, purchased $4.8 billion of Nvidia’s advanced artificial intelligence equipment and processors over the last three years. Megaspeed International did not reply to a request for comment.
U.S. intelligence officials suspect that Alice Huang, a key figure in the firm’s leadership who reportedly held an extramarital affair with Nvidia CEO Jensen Huang, is an asset of China’s Ministry of State Security. Investigations suggest that Alice Huang leveraged industry connections and a complex network of shell entities to bypass export restrictions, securing approximately 240,000 AI chips that are prohibited for sale into China. U.S. investigators say that Alice Huang used her contacts in the industry and a series of shell companies to gain access to 240,000 chips banned for export into China.
While Megaspeed claims to be a premier partner in the Asia-Pacific region, physical evidence of its operations has been sparse. Strategically positioned in the Asia Pacific region,” according to its LinkedIn profile, which claims it has between 201 and 500 employees, megaspeed International is a premier business partner of NVIDIA. According to the South China Morning Post, three years ago it listed between two and 10 employees.
Reporters visiting the company’s Singapore headquarters at the Ocean Financial Centre discovered locked doors and a largely vacant office. According to The Straits Times, an English-language newspaper in Singapore, and yet Megaspeed’s corporate headquarters sat practically empty. In 2025, Megaspeed International faced an investigation by Singapore police for alleged breaches of local laws, but no details have emerged about the probe, according to The Straits Times. But there’s some indication Huang may still be affiliated with the company. They found little or no staff working, when the Straits Times and The New York Times visited the Singapore offices around the same time late last year.
Similar findings were reported at its international outposts; in Australia, the company’s subsidiary was linked to a 29-year-old newspaper vendor, Kai Kang, who resides hundreds of miles from the registered Sydney office. Questions have also been raised about its outposts in Australia and Malaysia. She also questioned the effectiveness of the U.S. Megaspeed has an Australian subsidiary on the 10th floor of a commercial and retail tower in the heart of Sydney’s central business district. And space in the building can be rented for as little as $17 per day, Australia’s ABC News reported, forty other businesses are on the same floor. Over 400 miles from Sydney, but Kang’s newsstand is in Northern Victoria.
Furthermore, Malaysian operations were reportedly located in a dilapidated storefront and a local shopping mall.
President Trump confirmed that the FBI is examining both the business and personal relationships between Nvidia’s CEO and Alice Huang. Following the disclosure, Jensen Huang issued an apology to staff. Nvidia has initiated an independent internal review, while a class-action lawsuit filed by a shareholder alleges that the CEO misled investors regarding national security risks tied to his connection with Alice Huang.
Despite these allegations, Nvidia’s board maintained in a recent statement that it has found no evidence of compromised security or secrets. The company emphasized that its board prioritizes U.S. national and economic interests. Experts like Jacqueline Deal, an adviser to the nonprofit State Armor, argue that the situation warrants intense scrutiny, questioning whether Nvidia’s internal compliance teams failed to prevent advanced technology from reaching the Chinese military.
Megaspeed has publicly denied any wrongdoing. In an official statement shared on its website and LinkedIn, the firm characterized accusations of illegal chip transfers as misleading and incorrect. The company asserted that it has undergone multiple inspections by the U.S. Commerce Department’s Bureau of Industry and Security, as well as Malaysian trade institutions, which purportedly found no evidence of violations.
The company’s corporate history reveals significant shifts.
Originally incorporated as 7Road International—a subsidiary of a Shenzhen-based gaming developer—it was acquired in 2023 by a British Virgin Islands shell company called Huang Le Limited, linked to Alice Huang. Following the acquisition, the firm rebranded as Megaspeed International. Although corporate filings suggest Huang and director Cang Yang resigned later that year, internal reports from the activist firm Culper Research indicate that employees claim Huang remains in control of daily operations. A subsidiary of a Chinese developer of popular video games and mobile apps based in Shenzhen, China, according to corporate filings, megaspeed was originally incorporated in 2015 under the name 7Road International. By the end of October 2023, Huang and another Megaspeed director, Cang Yang, resigned from the company after it was bought up by a firm called Swiftdata, whose director is based in China, documents show. According to culper Research, an activist short-selling firm, published a 40-page report on Nvidia in May that cited Megaspeed employees who, Huang was still running the company.
As probes continue in both the United States and Singapore, the lack of transparency surrounding Megaspeed’s infrastructure remains a focal point. While the company claims to employ hundreds, previous reporting indicated a significantly smaller staff. With federal investigators now involved, the implications of these potential illicit transfers continue to place Nvidia under intense regulatory and public pressure.
