Megaspeed: Gaming company to chips linchpin
How Megaspeed, a little-known firm started by Alice Huang, became a linchpin in the chips trade
- ✓How Megaspeed, a little-known firm started by Alice Huang, became a linchpin in the chips trade
- ✓Over the course of a couple of years, the new company would purchase between $4-5 billion of Nvidia technology according to reports, marking a rapid ascent.
- ✓Civic Domain: Categorized under world public notices.
At the centre of the scandal surrounding Nvidia, which led to the resignation of founder-CEO Jensen Huang on November 12, is a little-known Singapore-based business founded by Chinese tech executive Alice Huang that came to play a vital role in the global chips trade.
Set up in 2023, with no background in AI or semiconductors, Megaspeed grew within the span of a few months into a linchpin of the semiconductors and data centre business in Asia, connecting Chinese tech companies with valuable Nvidia chips amid tightening U.S.
export controls. Over the course of a couple of years, the new company would purchase between $4-5 billion of Nvidia technology according to reports, marking a rapid ascent.
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| Issuing Authority | The Hindu World & Diplomacy |
|---|---|
| Topic Category | WORLD |
| Jurisdiction | All India / National |
| Publication Date | 13 November 2026 |