Suspected trafficking has been requested by several US ministriesHuida (NVIDIA ) Singapore chip maker MegaSpeed was included in the export control blacklist.Ministry of Commerce However, there was a delay in adding new names to the list, so the company is not listed yet. Questions have been raised as to why the Commerce Ministry did not take action as soon as Huang Jen-hsun’s extramarital affairs with top company executives came to light, the Financial Times reported.
The State Department, Defense Department, Energy Department and Treasury Department all advocated for MegaSpeed to be listed, people familiar with the matter said. However, the Commerce Ministry, which is in charge of the review, has delayed adding new entities to the list over the past two months due to insufficient information about some companies. It is unclear whether MegaSpeed is included in the request for replacement parts.
Chris McGuire, a former senior US government export control official, alleged that the Commerce Department knew for several months that MegaSpeed was run by Chinese spies, but failed to stop it from purchasing $4.8 billion in Huida chips. He said, “I can’t think of a single good reason to explain this inaction.”
The commerce ministry declined to discuss internal deliberations and insisted it had actively cracked down on chip smuggling. After Megaspeed is included in the entity list, US companies will have to obtain a license to export technology to it.
HUIDA said that although the United States has not listed Megaspeed under control, nor has it separately notified that exports should be licensed, HUIDA has taken the initiative to include it in the internal blacklist in June 2025, thereby prohibiting subsequent sales and shipments. This voluntary ban is still in effect.
