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Singapore cloud firm MegaSpeed in focus after Nvidia CEO affair reports
CNBC says Singapore cloud company MegaSpeed, an Nvidia GPU customer, is under scrutiny after Jensen Huang admitted infidelity and Nvidia's board opened a national-security inquiry.
- New headline Was: “Nvidia board opens probe after Huang says he had affair amid spy reports”
- Our desk updated its story
- Wired is now reporting this
- Global News is now reporting this
- New headline Was: “Nvidia shares slip as board probes Huang after spy-target reports”
13 earlier updates
- Our desk updated its story
- Yonhap, Aju Press and 3 more are now reporting this
- NVIDIA, Moneycontrol and Bloomberg are now reporting this
- New headline Was: “Nvidia board opens independent probe of Huang after China-intel reports”
- Our desk updated its story
- Business Insider is now reporting this
- New headline Was: “Asian chip stocks in South Korea and Taiwan gain despite Nvidia scrutiny”
- Our desk filed its story
- Our desk filed its story
- New headline Was: “South Korea and Taiwan chip shares rise as Nvidia faces CEO probe”
- nvidianews.nvidia.com, Reuters and 13 more are now reporting this
- New headline Was: “Asian chip stocks in South Korea and Taiwan gain despite Nvidia scrutiny”
- Our desk filed its story
Singapore-based cloud company MegaSpeed is drawing attention after Nvidia Chief Executive Jensen Huang acknowledged infidelity and said the chipmaker's board had opened an independent inquiry into national-security concerns raised in news reports1.
CNBC identified MegaSpeed as a customer that sells access to Nvidia graphics processors in Southeast Asia data centers, advertising itself as a core business partner of Nvidia's computing-power cloud business in the region1.
The report said Huang did not name MegaSpeed or executive Alice Huang in his statement, but that news accounts had linked him to her1. CNBC, citing the New York Times, said U.S. intelligence officials believe she is a Chinese intelligence asset1.
Huang said he would cooperate with the board inquiry and that he was committed to protecting Nvidia and supporting U.S. national security1. Nvidia said it had no reason to believe national security or company secrets were compromised, while adding that the board's inquiry would examine available information1.
CNBC said MegaSpeed had previously faced scrutiny over allegations that Nvidia chips it acquired were diverted to China, which U.S. export rules restrict for some advanced processors1. MegaSpeed denied wrongdoing and said a response on its website called such reporting misleading1.
The company said inspections by the U.S. Commerce Department's Bureau of Industry and Security, Malaysia's Ministry of Investment, Trade and Industry, and Nvidia found no evidence of illicit chip transfers or illegal activity1.
