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MegaSpeed unit faces Malaysia probe over AI chip re-exports

Malaysia said it is investigating whether chips imported by SpeedMatrix, the Malaysian unit of Singapore-based cloud computing company MegaSpeed, were re-exported and whether any shipments complied with Malaysian law.

The probe follows allegations that the company may have been used to bypass US controls on advanced semiconductors.

The trade ministry said it had never “cleared” MegaSpeed International Pte Ltd or SpeedMatrix, and that visits to their facilities were part of routine monitoring of the data center sector.

It said SpeedMatrix, a data center tenant, imported its own servers and AI chips into Malaysia.

The ministry is working with Malaysia’s customs agency and authorities in Singapore and the US.

Malaysia’s 2025 rules require permits for the export, re-export, transshipment, and transit of certain US-origin high-performance AI chips.

US controls also cover indirect shipments through third countries and can apply to intermediaries that knowingly help companies evade the restrictions.

🔗 Source: Reuters

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