Megaspeed pledges U.S. cooperation and chip compliance review

Megaspeed said Thursday it had cooperated with U.S. export-control inspections and hired a U.S. law firm to review its chip inventory and compliance, as scrutiny grows over the Singapore-based company’s dealings and its links to Nvidia chief executive Jensen Huang.

In a statement signed by chairman and CEO Tan Yong Pong, also known as James Tan, Megaspeed said it had taken part in inspections by the Commerce Department’s Bureau of Industry and Security and was ready to assist other relevant U.S. authorities. The company said the law firm would conduct a comprehensive inventory of its graphics-processing units and independently review its export-control practices. The review’s findings were not reported.

Megaspeed said compliance with U.S. export-control laws was a serious obligation and that it welcomed appropriate government scrutiny. The statement did not address allegations concerning former executive Alice Huang, whose reported relationship with Jensen Huang has prompted questions about national security and Nvidia’s leadership.

U.S. authorities are investigating allegations that Megaspeed diverted advanced Nvidia chips to China in violation of export restrictions. The...