Megaspeed, chip firm at center of Nvidia scandal, pledges to cooperate with U.S. investigation

Key Points:

• Megaspeed, a Singapore-based tech company implicated in a U.S. export control investigation, pledged full cooperation with U.S. government probes following revelations of Nvidia CEO Jensen Huang’s affair with Alice Huang, an alleged Chinese intelligence operative and Megaspeed executive.
• Nvidia CEO Jensen Huang resigned amid the scandal, which has raised concerns about U.S. national security and the future of the company; Nvidia appointed CFO Colette Kress as interim CEO.
• Singapore authorities barred Alice Huang from re-entering the country and found she provided inaccurate information to police, but concluded there was insufficient evidence to charge her with espionage; investigations into Megaspeed and others continue.
• U.S. intelligence had previously alerted officials about Jensen Huang’s relationship with Alice Huang, who was reportedly cooperating with China’s Ministry of State Security, though her exact role remains unclear.
• China dismissed espionage allegations as smears, while U.S. lawmakers, including Sens. Elizabeth Warren and Chris Coons, have requested preservation of records and are poised to investigate further with upcoming congressional subpoena power.