CNBC reported that Megaspeed International, a Singapore-based cloud firm that says it is an Nvidia Cloud Partner in Asia-Pacific, is under renewed U.S. scrutiny over whether it helped move restricted Nvidia chips toward China, and over founder Alice Huang's reported ties to Nvidia chief executive Jensen Huang¹.

The network said Huang, also known as Huang Le, has been described in U.S. intelligence accounts relayed by other outlets as having been recruited by China's Ministry of State Security; CNBC said it could not independently verify a separate report that her relationship with Huang helped enable at least $7.5 billion in Nvidia chip shipments to Chinese firms¹.

Bloomberg, as cited by CNBC, reported that she has returned to Beijing with the knowledge of Chinese security officials¹. Nvidia's board has opened an investigation into whether the CEO was targeted by a foreign intelligence operation, and the company has said it has no reason to believe U.S. national security or Nvidia confidential information had been compromised¹.

Megaspeed was incorporated in Singapore in 2015 as 7Road International and is wholly owned by Swiftdata, a Singapore entity formed in October 2023, CNBC said, citing corporate filings¹. Its Collyer Quay office showed no signs of activity when local media visited in October 2025¹. Alice Huang served as managing director for eight months in 2023 and received one Megaspeed share for 1 Singapore dollar on the day she stepped down, according to those filings¹.

Assets rose to about $3 billion in 2024 from $33 million a year earlier and $75 million in 2022, while revenue rose to $294 million from zero in 2023 and the company posted a loss of about $20 million, CNBC said¹. Singapore police opened an investigation into Megaspeed in October 2025 over suspected breaches of domestic law¹. Singapore's Ministry of Home Affairs said, of a separate Wall Street Journal account, "There were no such investigations conducted in respect of Alice Huang"¹.

The company denied illegally transferring chips to China¹. In a December 2025 statement, it said on-site reviews by the U.S. Commerce Department's Bureau of Industry and Security, Malaysia's investment ministry and Nvidia found no evidence of violations, and that it operates within applicable export controls¹.

CNBC said Megaspeed's website now locates its three listed data centers only in "East South Asia," after earlier reports placed them in Malaysia and Indonesia¹. Two Malaysian entities linked to the group, Speedmatrix and MSFusion, list addresses in Iskandar Puteri, Johor, according to The Edge Malaysia as cited by CNBC¹.

Trade records cited by other outlets and relayed by CNBC said Speedmatrix bought at least $4.8 billion of advanced AI equipment, including systems with Nvidia chips, between June 2024 and February 2026¹. Malaysia's Investment, Trade and Industry Minister Johari Abdul Ghani said Tuesday his ministry had not been presented with evidence that Speedmatrix violated Malaysian law and had not opened an investigation, while pledging the country would not become a channel to circumvent export controls¹.

Indonesian reporting cited by CNBC said a Jakarta-linked Megaspeed entity appears in customs data through June 2026, including an import described as a single Nvidia H100 GPU module¹. The H100 has been subject to U.S. export licensing for China since August 2022¹. Short seller Culper Research alleged in May that Megaspeed and Speedmatrix had received substantial funding connected to Alibaba, an allegation CNBC noted without independent confirmation¹.