Overview

• The Singapore Police Force said it is investigating Megaspeed for suspected breaches of domestic laws tied to export controls.
• The New York Times reported that the U.S. Commerce Department is examining whether Megaspeed skirted American export rules.
• Nvidia said it engaged U.S. officials, conducted on-site checks at Megaspeed this week, and found no evidence of product diversion while confirming a small commercial cloud operation permitted under current rules.
• Reporting says Megaspeed bought nearly $2 billion of advanced Nvidia processors through a Malaysian subsidiary and used data centers in Malaysia and Indonesia that appeared to serve customers in China.
• Malaysia began requiring permits in July for exports and transfers of Nvidia chips, reflecting tighter regional oversight following concerns about routing through Southeast Asia.