U.S. Commerce Dept. Inquiry Into Megaspeed Was Halted After Nvidia Intervention
An investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, was transferred to the Justice Department after a top Nvidia executive reached out to Commerce Department officials.
TL;DR
- Commerce Department investigators were probing Singaporean company Megaspeed for allegedly smuggling Nvidia AI chips to China.
- The investigation halted when Nvidia's general counsel contacted the Commerce Department, referencing a high-ranking official who reportedly permitted the outreach.
- This interaction raised concerns about procedural violations and potential tainting of the case.
- The case was transferred to the Justice Department.
- Recent reports suggest Nvidia's CEO had an affair with a Megaspeed executive, now believed to be a Chinese spy.