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ceejayoz | on: Former Nvidia CEO Huang had a relationship with a second employee, sources say
https://www.wsj.com/business/earnings/nvidias-disappearing-s...

> As recently as the summer of last year, Singapore was officially one of Nvidia’s biggest markets, generating 22% of the chip maker’s revenue. Then, practically overnight, it disappeared from the company’s financial disclosures.

> The timeline indicates that Nvidia altered its methodology for reporting the geographic breakdown of its revenue shortly after placing Megaspeed International on an internal block list. It isn’t clear if the two are related, but the shift had the effect of removing visibility into Nvidia’s sales tied to Singapore. That is the home to Megaspeed, the cloud-computing company embroiled in a sex-and-espionage scandal that has engulfed Nvidia and its chief executive.

Sure, sure. Totally on the up-and-up.

ls612 | parent
I'm not sure what the point here is? Parts of the government wanted to blacklist Megaspeed, Nvidia apparently first intervened with Lutnick to block this, and then decided to block them internally instead for some reason. The change in revenue disclosure was almost certainly to avoid further complaints about export controls but they never actually violated a control that actually went into place? Worst case for them legally is that they broke their own internal block on selling chips to Megaspeed.
ceejayoz | root | parent
Do you think NVIDIA really thought 20%+ of their market share going to Singapore wasn't something odd going on? Where are you going to put that many datacenters there?

They made out like bandits looking the other way.

ls612 | root | parent
Of course they did! But Megaspeed was never actually sanctioned by the government so I don’t know where the meme of criminal consequences is coming from, aside from partisanship.
ceejayoz | root | parent
> But Megaspeed was never actually sanctioned by the government…

This is irrelevant. There's a blanket ban on physically providing these chips to China; if they knew Megaspeed was diverting chips, it doesn't matter if they were on a list or not, just as you can't trade with North Korea via a new front company. https://www.nytimes.com/2024/08/04/technology/china-ai-micro...

There's a good chance a future Democratic administration sees the $25M ballroom donations as plain old bribery, too.