Follow-Up: Malaysia Probes Whether Megaspeed Unit SpeedMatrix Re-Exported Nvidia Chips; Trade Ministry Says It Never Cleared Either Company

Malaysia's Ministry of Investment, Trade and Industry said in a statement on November 13 that it is working with the Royal Malaysian Customs Department to determine whether super intelligence (SI) chips brought into the country by SpeedMatrix, the Malaysian unit of Singapore-based cloud computing firm Megaspeed, have since been re-exported to other countries, and whether any such re-exports complied with the law. Reuters reported the statement from Kuala Lumpur the same day.

The ministry stressed that it had never \"cleared\" Megaspeed or SpeedMatrix, and that its earlier verification visits to their facilities were part of its regular monitoring of the data centre sector. SpeedMatrix is a tenant at Malaysian data centres and brought its own servers and SI chips into the country for its operations. Under current Malaysian rules, importing SI chips requires no licence, but since July 2025 a permit has been required to export, re-export, transship or transit high-performance U.S.-origin SI chips through Malaysia.

Investment, Trade and Industry Minister Johari Abdul Ghani had announced the review on November 12, saying the government is also drafting standalone legislation to regulate data centres that would require operators to disclose imported GPU volumes, facility locations and electricity use, to prevent Malaysia from serving as an illicit transshipment hub for restricted hardware. He said Malaysia has so far received no formal request from any foreign authority concerning SpeedMatrix.

The Malaysian inquiry is the latest branch of widening scrutiny of the Megaspeed network. An investigation by France's Le Monde, published November 13, reported that Megaspeed and SpeedMatrix bought at least $4.8 billion worth of Nvidia equipment between June 2024 and February 2026. Singapore's Straits Times reported on November 12 on financial ties between SpeedMatrix and a Singapore company in Alibaba's ecosystem, and Singapore's Ministry of Home Affairs has said physical servers bought by companies under investigation were exported through Singapore to Malaysia without entering the Singapore market. The alleged diversions remain allegations under investigation, with no findings yet. Megaspeed issued its first public statement on November 12, saying it had cooperated with U.S. inspections and retained a U.S. law firm to census its GPUs.

Related: Follow-Up: Megaspeed Issues First Public Statement, Says It Cooperated With U.S. Inspections and Retained a U.S. Law Firm to Census Its GPUs

Related: Follow-Up: Singapore's MHA Says Evidence Against Alice Huang Was Insufficient; She Was Sternly Warned and Barred From Re-Entry for Giving Police Inaccurate Information

(Source: Reuters)

Source: Reuters

Published by GSM · USA (original Chinese edition)

Photo: 图：马来西亚 Kuala Lumpur 双子塔（资料图），CC BY-SA 4.0，经 Wikimedia Commons。 / Photo: The Petronas Towers in Kuala Lumpur, Malaysia (file photo), CC BY-SA 4.0, via Wikimedia Commons.

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