The Justice Department's National Security Division, with the FBI and the Commerce Department's Bureau of Industry and Security, is conducting a criminal investigation into Megaspeed and its former executive over suspected smuggling of Nvidia chips to China.
Claimed by: A person familiar with the matter, cited by NBC News
Everything reported so far traces back to one source. Unverified. We'll update this page as reporting comes in, then say whether it held up.
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Who's reporting it
- NBC News, 2026-11-09: A source says the National Security Division, the FBI and the Bureau of Industry and Security are criminally investigating Megaspeed and the executive; the Justice Department declined comment, and Trump said the FBI is looking into it. source
- NBC News, 2026-11-09: The Justice Department took over the chip-smuggling inquiry into the Singapore customer and asked Commerce to pause its part, according to a person familiar with the matter. source
- El País , 2026-11-11: Reports Trump saying the FBI is looking into allegations linking Huang to a suspected spy. source
History
- 2026-11-10: Single source. Only NBC News reports this, from one source; the Justice Department declined to comment. President Trump separately said the FBI is 'looking into it' without giving details. No charges have been announced.