Senators Elizabeth Warren and Chris Coons issued formal document-preservation demands to the White House, State and Commerce departments, setting a deadline of November 17. The demands follow disclosures that Singapore based Megaspeed purchased over 4.8 billion dollars in advanced Nvidia AI chips since June 2024.
Why it matters
The senators want the paper trail behind the pipeline. Megaspeed is under a Justice Department investigation for illicit diversion of export restricted chips to China, and its former executive Alice Huang is alleged to be a Chinese intelligence asset. The company is at the centre of the same affair that has put Nvidia chief executive Jensen Huang under board investigation.
The probe adds a political dimension to a corporate crisis. Nvidia board is already weighing the future of its chief executive, and now Congress is asking how billions of dollars of advanced chips reached a firm under investigation. The document demands cover the White House, the State Department and the Commerce Department, which together oversee export controls.
What happens next
Beijing has denied that there was any Chinese plot to spy on Huang. A foreign ministry spokesman called the narrative groundless speculation and slander. The denial does not answer the Senate questions, which are about the chips and the paperwork, not about the affair itself.
What happens next will be decided by what the documents show. If the paper trail confirms the diversion, export controls will face hard questions in Congress. If it does not, the probe will still have put the chip pipeline under a spotlight it cannot easily leave.
The Megaspeed story reaches beyond the Senate. The United States and Singapore are scrutinising the company over allegations that it potentially transshipped billions of dollars in export restricted Nvidia chips to China. Alice Huang was detained by Singapore authorities in the summer of 2025 and prevented from leaving the country, and Taiwanese authorities have revoked her entry permit and barred her from returning to the island. She was introduced to Jensen Huang by a Chinese businessman he had known for a decade, Kang Wei, who is her husband. Kang was detained in Shanghai earlier this year on inquiries about stock market manipulation and was recently released. Beijing has denied the spying narrative outright.
