On Oct. 29, Fox Business reported, citing The New York Times, that U.S. officials concluded a former executive of Megaspeed, a Singapore-based cloud computing company that bought chips from Nvidia, was suspected of collecting intelligence for the Chinese government and had gained access to Nvidia chief executive Jensen Huang. According to the report, officials learned of the meetings while she was under surveillance by officials working to keep China from evading U.S. export controls on high-end AI chips.
Both China and Nvidia push back. Beijing called the allegations "groundless smears and slanders." Nvidia told Fox News Digital the meetings were "not unusual or unexpected" and that its chief executive meets with thousands of customer executives a year. U.S. officials did not believe at the time that Huang knew of her alleged intelligence work, the Times reported.
Fox Business noted that Megaspeed has faced scrutiny from U.S. agencies, and TechCrunch reported that the Commerce Department had investigated the company in 2025 over concerns it was helping Chinese companies get around export rules. The firm's model is to buy chips, build data centers and rent out the computing power, the same basic approach behind the AI campuses now rising in Louisiana, including Meta's project in Richland Parish and Amazon's planned sites in the northwest of the state.
Congress is now deciding whether limits on selling the most advanced AI chips to China should be written into the annual defense bill. Majority Leader Steve Scalise of Metairie has been a leader on national security and is a trusted advisor to the President. He has the respect and knowledge to lead on this effort, and to help see that the final bill includes strong, permanent export controls on those chips, set in law by Congress.
