Nvidia CEO Jensen Huang defends Megaspeed dealings as US probe widens

Jensen Huang has a simple answer for anyone asking whether Nvidia’s chips quietly slipped into China through a Singapore middleman: Nvidia counted them.

The Nvidia CEO told Bloomberg News that the company’s relationship with Megaspeed officials was proper. He added that Nvidia had verified the firm did not illegally divert its AI chips to China.

“We’ve studied all their deployments of our GPUs and counted every one,” Huang said.

What Huang said, and why he said it

Huang’s comments followed a New York Times report that US authorities were investigating a former Megaspeed executive. That person is alleged to have passed information to the Chinese government and helped get around US restrictions on chip exports.

Huang described his interactions with the executive as ordinary. According to Bloomberg’s account, he said they resembled his usual dealings with Chinese customers and executives.

He also noted that the person no longer works at Megaspeed.

The research compiled on the case identifies the executive as Alice Huang, who has reported links to Chinese state media and investment firms. She has been photographed with Jensen Huang, though the two share a surname and nothing else that has been reported.

The New York Times report, as described in the research, alleged that US intelligence had monitored her for a year. Officials reportedly suspected she was working for Chinese intelligence and had cultivated a close relationship with the Nvidia chief to gather sensitive information. Those are allegations, not findings, and no charges have been described in the source material.

Who Megaspeed is, and why the money matters

Megaspeed is a relatively young company. It was founded in 2023 as a spinoff of 7Road, a Chinese gaming firm.

Between June 2024 and February 2026, Megaspeed’s Malaysian sister company spent at least $4.8 billion on AI equipment containing Nvidia chips.

US authorities have reportedly been looking into Megaspeed since late 2024. The concern is that it may have helped Chinese firms obtain Nvidia AI GPUs that Washington restricts from export to China.

Nvidia’s position is that it found no evidence of illegal diversion when it examined Megaspeed’s operations. Huang’s “counted every one” line is the company’s shorthand for that audit.

What this means for Nvidia and its investors

For Nvidia, the immediate risk is reputational rather than financial. No penalty or charge against the company has been reported, and Huang is on record saying the relationship was clean.

The research notes that the probe could create uncertainty around Nvidia’s contracts and partnerships in the region.

The audit claim is the key variable to watch. Huang has staked a public position on the precision of Nvidia’s tracking, and investigators may test it.

For now, Nvidia’s message is clear and specific: it looked, it counted, and it found nothing illegal. Whether that holds up depends on what US authorities conclude about a company that spent at least $4.8 billion on Nvidia-powered gear in under two years.