https://www.nytimes.com/2026/11/09/business/economy/nvidia-megaspeed-investigation-huang.html

Everyone is focused on the cheating. But the real spicy headline is whether NVDA helped coordinate an illegal large scale chip smuggling and diversion scheme using shell companies.

The agents were alarmed that Nvidia had invoked the name of Mr. Kessler, their superior, who was nominated to his role by President Trump. Some viewed Mr. Kessler’s interaction with Nvidia as violating government procedure and potentially tainting the case, according to current and former government officials and others familiar with the incident.

The United States began investigating Megaspeed and Ms. Huang in 2024, after the company started importing billions of dollars’ worth of advanced Nvidia A.I. equipment into Malaysia. Megaspeed had been planning and constructing data centers around Southeast Asia to serve Chinese clients, including Alibaba, the Chinese tech giant. While that behavior is legal, U.S.…