Malaysia investigates whether Megaspeed subsidiary transshipped AI chips

On Nov. 13, according to Bloomberg, Malaysia is verifying whether AI chips are being re-exported through Speedmatrix Sdn Bhd, a Malaysian subsidiary of Singaporean cloud computing company Megaspeed International.

Malaysia's Minister of Investment, Trade and Industry Johari Abdul Ghani stated on the 13th that the government has not yet received a formal request for an investigation but will cooperate if such a request is submitted by the US or Singapore. He distinguished between two scenarios: enterprises purchasing GPUs for internal use at their own data centers versus re-exporting chips, with only the latter warranting investigation, and noted that he has already clarified this to data center operators. On the same day, Prime Minister Anwar stated that there are currently "no signs" indicating chips are being re-exported from Malaysia, adding that Malaysia has not received formal requests from either Singapore or the US.

Also on the 13th, Malaysia's Ministry of Investment, Trade and Industry clarified that it never "cleared" Megaspeed International or its Malaysian affiliate Speedmatrix, and that visits to data centers constitute routine monitoring; Speedmatrix is simply a tenant at local data centers. The issue stems from US media reports alleging a personal relationship between NVIDIA CEO Jensen Huang and former Megaspeed executive Alice Huang. Huang has resigned from his positions as president, CEO, and director, prompting NVIDIA to launch an independent investigation. Megaspeed emphasized its commitment to US export control compliance and willingness to cooperate with regulators, while China's side characterized the relevant espionage allegations as a pretext for technological containment.