By Elena Vasquez

Super Micro Computer said Megaspeed has never been a customer. A company spokesperson said: “Megaspeed is not, and has never been, a Supermicro customer.” The denial came as Singapore opened investigations into Megaspeed and Alice Huang, while observers searched for links between the companies.

Super Micro said it had responded to inquiries and fully cooperated with U.S. and Taiwanese officials. It also said it voluntarily provided information and engaged with all Singapore requests to date. Singapore’s Ministry of Home Affairs said authorities had sought information but received only “limited cooperation.”

What are Singapore’s investigators examining?

On Thursday, the ministry said the Singapore Police Force and Customs had opened investigations into Megaspeed and Alice Huang, a former top executive at the Singapore company. Megaspeed sits at the center of the spy scandal that brought down Nvidia co-founder Jensen Huang. Some authorities believe Alice Huang acted as a spy for China.

Reports of an affair with Jensen Huang drew intense scrutiny before his resignation on Wednesday. Alice Huang is not related to Jensen. The U.S. Attorney’s Office in Manhattan is reportedly examining whether entities linked to Alice helped smuggle Super Micro hardware with Nvidia GPUs into China.

Multiple probes now address possible export-control breaches involving Alice and businesses linked to her, including Megaspeed. Jensen, Nvidia and Super Micro have not been charged with wrongdoing. Authorities are also scrutinizing the two companies’ dealings with Nvidia.

The ministry said it first raised Super Micro’s cooperation issue with U.S. authorities on July 7, 2025. It then raised the matter repeatedly with the Department of Justice and FBI.

What do the export cases show?

• March case: Authorities arrested Super Micro co-founder Yih-Shyan “Wally” Liaw and two others over an alleged scheme involving about $2.5 billion in servers with Nvidia H200 and B200 GPUs. The alleged route ran through a Southeast Asian front company into China.
• Internal response: Liaw pleaded not guilty, and his trial has been pushed to March 2027. Co-defendant Ting-Wei “Willy” Sun pleaded guilty in October. Super Micro called itself a victim and said an internal investigation found no evidence that current members of senior management knew about the alleged conspiracy.
• August case: Prosecutors in Keelung, Taiwan, indicted nine people over 130 Super Micro servers carrying Nvidia B300 chips. They alleged the servers used forged data-center inspection records to obtain shipment clearance.

Of those 130 systems, 74 reached China and customs intercepted the rest. The defendants include two former Super Micro Taiwan employees and a former Nvidia Taiwan employee. The charges include breach of trust and document forgery.

Taiwan does not currently classify unauthorized AI-chip exports to China as a criminal offense. That legal distinction explains why the indictments focus on forgery and breach of trust. Neither Nvidia nor Super Micro was charged in the Keelung case.

Super Micro shares fell nearly 4% this week as the Singapore inquiry and export cases added pressure.

Why does the Jensen Huang relationship matter?

Charles Liang, one of Super Micro’s three co-founders, is Jensen Huang’s longtime friend, and both men hail from Taiwan. They shared the stage at several major Computex events in Taiwan, including 2024, when Jensen was photographed having drinks with Alice.

Both men co-founded their companies in 1993. Super Micro operates in hardware and liquid-cooling technology. Its close Nvidia relationship has been a boon for customers hoping to be first in line for new generations of high-performance chips.

The fallout from Jensen Huang’s resignation has left Super Micro at an intensely complicated moment. The affair and Megaspeed scrutiny now sit alongside separate allegations that Super Micro hardware reached China through diversion schemes.

What exposure does Super Micro face?

Super Micro said it maintains a robust compliance program and works closely with authorities and industry partners to combat diversion. The company said this effort helps protect American innovation. It has disclosed a grand jury subpoena and inquiries from the SEC, Commerce Department’s Bureau of Industry and Security, and foreign authorities.

The immediate test is whether investigators can reconcile Super Micro’s categorical denial of a Megaspeed customer relationship with Singapore’s assessment of its cooperation and the export record.