A Mystery C.E.O. and Billions in Sales: Is China Buying Banned Nvidia Chips?

The article examines the case of Megaspeed, a Singaporean firm, which has seen a significant surge in its sales, raising suspicions about its potential involvement in the procurement of banned Nvidia chips for China. The key points are: - Megaspeed's executive has socialized with Nvidia's CEO, Jensen Huang, raising questions about their relationship and potential collaboration. - The company's sales have skyrocketed, leading U.S. officials to scrutinize its activities and ties to China. - There are concerns that Megaspeed may be facilitating the acquisition of Nvidia's chips, which are subject to export restrictions, for use in China. - The article highlights the complex and opaque nature of global supply chains, where companies may be exploiting loopholes or engaging in questionable practices to circumvent trade regulations. The article underscores the importance of maintaining a close watch on the international trade of sensitive technologies and the potential for companies to find ways around existing regulations.