KUALA LUMPUR (Nov 12): Malaysia will look into whether Speedmatrix Sdn Bhd, the firm allegedly linked to the Nvidia chip controversy, has breached the country’s export restrictions.
The government has yet to receive formal requests from foreign authorities on Speedmatrix, a unit of Singapore-based Megaspeed International, but was prepared to facilitate any such investigation, Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani said on Thursday.
Authorities will also review whether advanced graphics processing units (GPUs) purchased by the company are re-exported to China, he said.
Johari was speaking to reporters on the sidelines of the launch of MySaham Miti, a mobile application for special Bumiputera share allocations.
His remarks follow media reports over an alleged affair involving Jensen Huang, chief executive officer of US chip giant Nvidia, and a woman suspected of being a Chinese spy and accused of helping entities circumvent US restrictions on exports of high-performance chips to China.
Huang admitted the affair, prompting Nvidia to launch an internal investigation. The woman has been linked to Megaspeed International.
"If there is nothing wrong and they buy GPUs for their own use in a data centre, I cannot see what law we would need to invoke,” Johari said. “However, if they re-export those GPUs in breach of export restrictions… that is something we need to look into.”
A search of company registry records identified two Malaysian entities linked to Megaspeed International — Speedmatrix Sdn Bhd and MSFusion Sdn Bhd.
Both are loss-making, involved in data processing and hosting infrastructure services, and list their business addresses at the same development in Taman Eko Botani, Iskandar Puteri, Johor.
In October 2025, the New York Times reported that the little-known Megaspeed and its units in Malaysia bought nearly US$2 billion (RM8.4 billion) worth of Nvidia chips. Megaspeed was also under investigation by the US and Singapore.