Jensen Huang's affair apology spotlights Megaspeed, the $4.8B GPU loophole channel
创业邦 · wechat · 2026-11-09
Nvidia CEO Jensen Huang publicly apologized for an affair, and the board launched an independent investigation. The more consequential story is the woman's company, Singapore-based Megaspeed:
- Outsized scale: founded 2023 with only two staff in its Singapore office, yet among Nvidia's biggest Southeast Asia partners — its Malaysian affiliate bought at least $4.8B of Nvidia-equipped AI hardware (≈136,000 chips, mostly Blackwell) from June 2024 to Feb 2026, but an on-site inspection counted only a few thousand Blackwells deployed.
- Exploiting a loophole: chips stay in Malaysia/Indonesia data centers while compute is rented remotely to Chinese customers (reportedly including Alibaba) — "train abroad, infer at home." US export controls cover chip transit, not remote compute. Similar reported deals: Tencent–DataSection ($1.2B), Moonshot via Thailand facilities.
- Inconsistent books: $5.7M cash against imports 800x that; ownership traced through a Chinese gaming company subsidiary, a BVI entity, and a shell company that became an Nvidia cloud partner four days after acquisition; purchases routed via Inspur's US affiliate Aivres.
- Regulation catching up: the House passed the Remote Access Security Act (stuck in Senate), and Commerce is drafting rules on remote compute access.
The takeaway: chips can be locked behind borders, but compute flows out through a network cable — and this channel is a rarely-discussed growth engine for Nvidia.
Related event: Jensen Huang affair probe entangles $7B Nvidia chip sales to China(13 posts)→
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