Nvidia Partner Megaspeed Draws China Chip Smuggling Concerns in US - Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Singapore-based Megaspeed has imported tens of thousands more chips than Nvidia saw when checking its data centers. In an industry run by titans, a Singapore AI firm called Megaspeed International Pte. is drawing an unusual amount of attention. In less than three years, the once-obscure spinoff of a Chinese gaming enterprise has evolved into the single largest Southeast Asian buyer of Nvidia Corp. chips — a rapid ascent that’s lifted hopes for a regional champion in the lucrative business of AI cloud computing. Now Megaspeed finds itself a focal point of Washington’s long-held fears about semiconductor smuggling into China, an issue of escalating concern among national security hawks despite Nvidia’s repeated assurances that

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Singapore-based Megaspeed has imported tens of thousands more chips than Nvidia saw when checking its data centers. In an industry run by titans, a Singapore AI firm called Megaspeed International Pte. is drawing an unusual amount of attention. In less than three years, the once-obscure spinoff of a Chinese gaming enterprise has evol