Commerce halted Megaspeed chip probe after Nvidia outreach, NYT reports
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The U.S. Commerce Department paused its probe into Megaspeed, a Singapore-based chip reseller, after Nvidia reached out to the agency, according to a New York Times report. The investigation had focused on whether Megaspeed was reselling Nvidia chips to buyers in China despite export restrictions. The halt could ease regulatory pressure on Nvidia and support investor confidence in the chipmaker. It remains unclear whether the probe will resume or be formally closed.
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Nvidia (NVDA), Megaspeed, Commerce Department
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