Megaspeed breaks silence in Nvidia export scandal, pledges compliance

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Megaspeed breaks silence in Nvidia export scandal, pledges compliance
PrimeXBT Editorial Team
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Megaspeed International, the Singapore-based company at the center of the scandal engulfing Nvidia, has issued its first public statement since the allegations surfaced. The company says it treats U.S. export control compliance as a priority and wants to work with the U.S. government.

Megaspeed International issued its first public statement on Thursday since the scandal around Nvidia erupted. The Singaporean company sits at the center of the affair.

The company is accused of skirting U.S. export control rules to deliver restricted Nvidia chips into China. Megaspeed responded that it takes its compliance obligations under U.S. export control laws extremely seriously, calls compliance a fundamental priority, and is committed to working constructively and transparently with the U.S. government.

Megaspeed also says it has hired a law firm to lead a review of its practices.

Source: MarketWatch (snippet-based)

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