BREAKING. A U.S. probe into suspected $NVIDIA(NVDA.US) chip smuggling to China was halted after Nvidia reached out to in…
BREAKING. A U.S. probe into suspected $NVIDIA(NVDA.US) chip smuggling to China was halted after Nvidia reached out to investigators, per the New York Times
The Commerce Department had spent months investigating Megaspeed, a Singapore data center firm suspected of routing Nvidia AI chips into ChinaIn August 2025, $NVIDIA(NVDA.US) general counsel Tim Teter emailed the investigators asking about the case and said senior Commerce official Jeff Kessler had given him permission to reach outThe case was then moved to the Justice Department, which is now running a criminal inquiry into MegaspeedCommerce says it handled the case strictly by the book, and the report shows no evidence Nvidia changed the outcome$NVIDIA(NVDA.US) is down more than 5% today while the Nasdaq 100 is up 3%, a gap of roughly 8 points on a day Big Tech is rippingThe Huang story keeps getting bigger, and the market is now pricing headline risk into the world's most valuable chipmaker even as everything around it ralliesSource: StockMarket.News
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