Megaspeed reviews its AI chip supply chain, says Alice Huang left in 2025

Megaspeed International said on November 15 that it had engaged outside lawyers to investigate media claims about its business, supply chain and operations abroad. In its written statement to The Associated Press and other outlets, the Singapore-based GPU cloud provider said former executive Alice Huang officially left on August 30, 2025, and has no role at the company today.

Megaspeed disputed the evidence behind some recent coverage. The company’s statement describes an internal review and gives neither findings nor a timetable for completing it.

A GPU inventory and NVIDIA’s supply restrictions

The company had already set out a related compliance effort on November 12. In a statement on its website, Chairman and Chief Executive James Tan said Megaspeed had cooperated with inspections by the U.S. Commerce Department’s Bureau of Industry and Security. The company said it retained a U.S. law firm to inventory its GPUs and independently review how it complies with U.S. export controls. Sunday’s statement also addressed claims about the business and operations abroad. The statements leave open whether the same firm is handling both assignments.

Megaspeed advertises access to remote GPU computing for tasks such as training and running AI models. NVIDIA told The Washington Post its June 2025 block on Megaspeed orders and shipments still applies. That account concerns NVIDIA’s direct supply to Megaspeed. Sunday’s statement gives no separate update on customers’ GPU access or existing cloud contracts.

The new statement follows a leadership change at NVIDIA. A filing with the U.S. Securities and Exchange Commission says the board accepted Jensen Huang’s resignation on November 11 and named Chief Financial Officer Colette Kress interim CEO.

Separate checks in Singapore and Malaysia

Singapore’s Ministry of Home Affairs said on November 12 that police and customs had started their inquiry in February 2025. Investigators were examining possible false declarations involving server purchases under Singapore law. The ministry said Singapore had opened the inquiry independently. It enforces Singapore’s own laws and treats other countries’ unilateral export controls as a separate matter. It said Singapore first learned of U.S. interest in Megaspeed and Alice Huang on June 24, 2025, when the Bureau of Industry and Security carried out a voluntary post-shipment check at the company. Singapore police sought information from the U.S. and other jurisdictions to check the declarations against records held abroad.

Singapore examined Alice Huang’s role in the server declarations because it regarded her as a senior executive and one of the company’s controllers at the time. In February 2026, police concluded there was insufficient evidence to establish an offense by Huang in relation to those declarations. Officials issued a warning after assessing that she had given inaccurate information about her role. The ministry said Singapore’s inquiry into Huang did not concern espionage.

Malaysia’s Ministry of Investment, Trade and Industry said on November 13 that it had never cleared Megaspeed or its Malaysian affiliate, Speedmatrix. The ministry said the affiliate leased space at Malaysian data centers and brought in its own servers and AI chips. The ministry described visits to those facilities as routine monitoring and said the visits did not constitute a clearance. It said it was working with Malaysian customs authorities to determine whether chips brought into the country were subsequently re-exported and whether those shipments complied with the law.

Under its Strategic Trade Act, Malaysia has required a permit for certain movements of high-performance U.S. AI chips out of or through the country since July 2025. The ministry said its checks would proceed under Malaysian law and on the available evidence, alongside cooperation with authorities in Singapore and the United States. Singapore’s police inquiry remains open into Megaspeed and six other people, according to the Singapore ministry’s latest statement on the case.