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Coin Bureau
@coinbureau
Official Coin Bureau X account: covering breaking news, insights & in-depth analysis across Fintech, Macro & AI.
加入 September 2017
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BREAKING: Nvidia CEO Jensen Huang’s ties to an alleged Chinese spy helped facilitate at least $7.5 BILLION in chip sales to China, The Information reports. The relationship dates back to at least 2023, when Alice Huang was a managing director at Singapore-based Megaspeed. The $7.5 billion covers shipments through a network of companies linked to her, including Megaspeed. Nvidia even intervened in an U.S. Commerce Department probe looking into Megaspeed diverting restricted AI chips to China, per Bloomberg. Nvidia’s top lawyer, Tim Teter, contacted the U.S. export-control chief Jeffrey Kessler enquiring on Alice Huang's detention. After his outreach the Commerce investigators were restricted in unusual ways, where they had to route all Nvidia-related requests through Kessler or get his approval. They were also told not to mention Megaspeed or its Malaysian subsidiary Speedmatrix in any external communication. Later, the Department of Justice asked the Commerce Department to pause its probe, despite evidence already been gathered. The case then shifted to the Justice Department as a criminal Investigation. Nvidia says it has stopped doing business with Megaspeed because of the publicity, though the company continues to appear on Nvidia’s official cloud partner list.
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