Malaysia's Ministry of Investment, Trade and Industry is examining whether Speedmatrix, the Malaysian subsidiary of Singapore-based Megaspeed , re-exported any of the AI processors and servers it had imported for use in local data centers. Apparently, after months of investigating, authorities have yet to find out whether any such shipments occurred and, if they did, whether they complied with Malaysian laws. Malaysia introduced restrictions on the export, transit, and trans-shipment of advanced U.S.-developed AI accelerators in July 2025, so it now requires companies to obtain appropriate permits.
The Malaysian ministry said it was cooperating with customs authorities as well as officials in Singapore and the U.S., and could introduce additional restrictions. Prime Minister Anwar Ibrahim said there was no evidence that Megaspeed-related AI hardware had left Malaysia, but he promised to cooperate with international investigations.
Speaking of Megaspeed, the company said on November 12 that it had hired a U.S. law firm to conduct a comprehensive inventory of its AI GPUs and independently assess its compliance with U.S. export-control regulations, reports DigiTimes . The company also confirmed that it had cooperated with inspections by the U.S. Department of Commerce's Bureau of Industry and Security (BIS) and was prepared to cooperate with other U.S. government agencies if necessary.
James Tan Yong Pong, chief executive of Megaspeed, stressed that compliance with U.S. export rules as well as transparent operations were always a priority for the company. However, Megaspeed did not disclose how many GPUs it owns and which GPU models it has, what BIS examined during its inspections, or whether the authorities had identified any violations.
Nvidia tightens tracking of AI GPUs in Southeast Asia as Chinese chip smuggling draws scrutiny, report claims
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Meanwhile, Singaporean authorities have brought 41 criminal charges against Shi Bingzhe, a 34-year-old Chinese citizen who served as director of Superphi and chief operating officer of NJ Global Financial. The two companies purchased 917 servers containing restricted Nvidia hardware from Aperia International in 41 transactions between May 2024 and February 2025, according to prosecutors. Authorities allege that the companies had reason to believe the servers were linked to criminal activity by Aperia International. Superphi now faces six charges, while NJ Global Financial faces 35.
The latest charges expand a case that now involves five individuals and six companies. Four firms — Aperia International, A-Speed Infotech, Aperia Cloud Services (II), and Luxuriate Your Life — were charged in July over allegedly making false claims when purchasing servers. Meanwhile, the exact nature of those claims was not disclosed in the report. Authorities have frozen the disposal of a property worth approximately S$55 million and confiscated around S$1 million from bank accounts. Shi faces up to 10 years in prison and a fine of S$500,000 per charge if convicted. His next court appearance is scheduled for January 4, 2027.
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Key considerations
- Investor positioning can change fast
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Reference reading
- https://www.tomshardware.com/tech-industry/artificial-intelligence/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/artificial-intelligence/malaysia-and-singapore-step-up-nvidia-ai-chip-probes-as-charges-brought-against-chinese-national-over-917-smuggled-servers-firm-at-center-of-jensen-huang-controversy-announces-inventory-audit-to-account-for-all-restricted-gpus#main
- https://futureplc.com/privacy-policy/
- AI Is Changing How Semiconductor Fabs Work — and Engineers Are Moving Faster Because of It
- We tested the RAM-saving storage tech in Gears of War: E-Day
- OpenAI and Georgia county leaders hit with Mafia-style RICO racketeering lawsuit over $30 billion AI data center
- This week in Tom's Hardware Premium: November 14, 2026 — Mac Studio versus DGX Spark, AMD's MEXT cuts DRAM requirements in half, and the Huang saga reaches crit
- From Chips to Skills, NVIDIA and Korea Expand Sovereign AI Collaboration
Informational only. No financial advice. Do your own research.