← Back to front page
Europe · General news · The Independent

Megaspeed, firm central to Nvidia CEO Jensen Huang's scandal, pledges to cooperate with US probe

Published by The Independent · United Kingdom 1 h ago
Megaspeed, firm central to Nvidia CEO Jensen Huang's scandal, pledges to cooperate with US probe
The Independent

Detailed summary

Megaspeed, the Singapore-headquartered tech company at the center of Nvidia CEO Jensen Huang’s scandal, has pledged to cooperate with a U.S. investigation into concerns over risks to national security

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Membership today.

Megaspeed, the Singapore-headquartered data center company at the center of Nvidia CEO Jensen Huang’s scandal, pledged Thursday to cooperate with investigations into potential risks to U.S. national security.

In its first statement since Huang admitted to having an affair with a Chinese woman and former executive of the company, Megaspeed International said Thursday that it takes its obligation to comply with U.S. export control laws “extremely seriously.”

“Megaspeed is committed to working constructively and transparently with the U.S. government,” said the statement signed by its chairman and CEO, Tan Yong Pong, who also goes by James Tan.

Nvidia's board of directors was reported to be meeting to discuss Huang's situation, but there was no word early Thursday on any outcome from those discussions.

The company has said it had “no reason to believe” that either national security or Nvidia secrets were compromised, but that its inquiry would examine all available information.

Details about Huang’s affair with the woman are unclear. The New York Times reported she was Alice Huang, who also goes by the name Huang Le, and was a top executive at Megaspeed. The company prominently touts a partnership with Nvidia on its website.

Last month, the Times reported that U.S. intelligence agencies discovered Nvidia’s Huang had developed a close relationship with Alice Huang — and determined she was feeding information directly to Beijing. On Sunday, U.S. President Donald Trump announced that the FBI was investigating.

Megaspeed faced claims last year that it was illicitly shipping advanced Nvidia computer chips into China, but in December said there was “no evidence” of such exports. Singapore has also said it is investigating such allegations.

Opening of the article, excerpted from The Independent. To read the rest, open the article on the publisher's site.

Read the full article on The Independent Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.independent.co.uk)

Also worth reading