By Stephanie Yang
Publication Date: 2026-11-14 15:00:00
Headquartered in a curved glass skyscraper that boasts commanding views over Singapore’s Marina Bay district, Megaspeed International is just the type of fast-growing tech start-up that Asia’s wealthy city-state has been keen to attract.
In three years, the corporate entity has gone from an inactive Chinese gaming subsidiary to one of Asia’s biggest buyers of cutting-edge semiconductors from the US.
But its rapid rise has also propelled it to the center of an alleged spy scandal that’s now engulfing Nvidia, the $4 trillion company behind the world’s most advanced chips.
At the same time, suspicions that Megaspeed may be exploiting a loophole in US export controls is exacerbating a rift within the US government on how to best keep China from accessing its most sensitive technologies.
Nvidia CEO Jensen Huang resigned on Thursday after admitting to having an affair. Congress has also called on him to testify behind closed doors about his romantic relationship with Alice Huang, no relation, whom US officials believe to be a Chinese intelligence asset. Beijing has said the claim is a “groundless” attempt to smear China.
Also known as Huang Le, the 43-year-old Chinese executive played an integral role in establishing Megaspeed, according to corporate documents and media reports. CNN has made…
