Malaysia probes Megaspeed unit over possible Nvidia chip re-exports
What's new: Trade officials said AI chips can enter Malaysia without a license, but re-exports of high-performance US chips require permits.
Malaysia is investigating whether AI chips imported by Speedmatrix, the Malaysian unit of Singapore-based cloud firm Megaspeed, were re-exported to other countries in breach of local rules. The trade ministry said it is working with customs to check whether any chips brought into Malaysia were later shipped onward and whether those transfers complied with the law. The ministry said high-performance US AI chips have required permits for export, re-export, transshipment or transit through Malaysia since July last year. Separately, corporate records cited by Singapore media showed a Singapore company ultimately owned by Alibaba held security over certain Speedmatrix assets under a 2024 agreement, adding to scrutiny over how Megaspeed financed Nvidia chip purchases.