A baffling trail from Australia to Singapore: what is Megaspeed, the company implicated in downfall of Nvidia’s Jensen Huang?
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Few solid clues have emerged as to the true nature of Megaspeed, whose former director Alice Huang has been accused of being a Chinese spy Get our breaking news email , free app or daily news podcast From washing dishes at Denny’s to rockstar of AI: the rise and fall of Jensen Huang A lottery retailer in rural Australia, a dilapidated storefront in Kuala Lumpur, and a near-empty office in Singapore: the global facades of Megaspeed International, the company linked to the downfall of Nvidia chief Jensen Huang, form a puzzling corporate picture. The company, which is registered in Singapore, has registered affiliates across the US, Asia and Australia, but individuals at its offices say they know nothing about the cloud computing firm at the centre of a global spy scandal. Continue reading...
Directly affected
- NVDA Nvidia-8.2% 30d
Named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-16.2% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-20.7% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- IGV iShares Expanded Tech-Software ETF
iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.
- EWA iShares MSCI Australia ETF+2.4% 30d
iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australia”).
- EWS iShares MSCI Singapore ETF
iShares MSCI Singapore ETF holds stocks listed in Singapore, which this story is about (“singapore”).
- ASML ASML Holding N.V-13.3% 10d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing-10.2% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NVDA | +12.42% | +1.63% | base | after close | after close | after close | after close |
| SMH | -7.61% | -3.62% | base | after close | after close | after close | after close |
| SOXX | -11.91% | -5.47% | base | after close | after close | after close | after close |
| QQQ | -4.63% | -1.94% | base | after close | after close | after close | after close |
| IGV | -2.57% | -1.13% | base | after close | after close | after close | after close |
| EWA | +0.02% | +0.68% | base | after close | after close | after close | after close |
| EWS | -1.67% | +0.31% | base | after close | after close | after close | after close |
| ASML | -4.85% | +0.72% | base | after close | after close | after close | after close |
| TSM | -7.50% | -2.24% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Few solid clues have emerged as to the true nature of Megaspeed, whose former director Alice Huang has been accused of being a Chinese spy Get our breaking news email , free app or daily news podcast From washing dishes at Denny’s to rocks…
Source: The Guardian
This story
| Company | When | Move | Status |
|---|---|---|---|
| ASML | three days earlier | +0.72% | final price |
| ASML | five days earlier | -4.85% | final price |
| EWA | three days earlier | +0.68% | final price |
| EWA | five days earlier | +0.02% | final price |
| EWS | three days earlier | +0.31% | final price |
| EWS | five days earlier | -1.67% | final price |
| IGV | three days earlier | -1.13% | final price |
| IGV | five days earlier | -2.57% | final price |
| NVDA | three days earlier | +1.63% | final price |
| NVDA | five days earlier | +12.42% | final price |
| QQQ | three days earlier | -1.94% | final price |
| QQQ | five days earlier | -4.63% | final price |
| SMH | three days earlier | -3.62% | final price |
| SMH | five days earlier | -7.61% | final price |
| SOXX | three days earlier | -5.47% | final price |
| SOXX | five days earlier | -11.91% | final price |
| TSM | three days earlier | -2.24% | final price |
| TSM | five days earlier | -7.50% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 37 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 42 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 21 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 35 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 52 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 80 days before publication. Filed 14 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“A baffling trail from Australia to Singapore: what is Megaspeed, the company implicated in downfall of Nvidia’s Jensen Huang?” scores 12 out of 100. The score uses 1 sources.