Malaysia Denies Investigating Megaspeed Over Nvidia Chip Exports
Minister Johari Abdul Ghani stated Malaysia has not investigated Speedmatrix for allegedly channeling restricted Nvidia chips to China despite U.S. Justice Department scrutiny of its parent company.
Malaysian Minister of Investment, Trade and Industry Johari Abdul Ghani announced on November 10 that the government has not initiated an investigation into Speedmatrix, the Malaysian subsidiary of Singapore-based cloud provider Megaspeed. This clarification follows claims made by Megaspeed in December 2025 that the Ministry of Investment, Trade and Industry had already conducted inspections and found no evidence of illegal activities.
Megaspeed is under scrutiny for allegedly channeling restricted Nvidia chips to China. Reports indicate that Speedmatrix received more than 200 restricted shipments between June 2024 and June 2025. While the United States Department of Justice is reportedly investigating Megaspeed, Johari Abdul Ghani stated that Malaysia has not seen evidence of law-breaking. He noted that the government will act on credible evidence or foreign requests to prevent the circumvention of export controls.
Parallel to the export investigation, the board of Nvidia is conducting an internal probe. The company is investigating whether CEO Jensen Huang was targeted by foreign intelligence through a relationship with Alice Huang, a former executive at Megaspeed.