Malaysia reviews Megaspeed unit’s possible AI chip re-exports

Malaysia’s Ministry of Investment, Trade and Industry is working with the Royal Malaysian Customs Department to determine whether AI chips brought into the country for Speedmatrix were later re-exported and, if so, whether those movements complied with Malaysian law.

No finding of wrongdoing has been announced against Speedmatrix or its Singapore-based parent, Megaspeed International. The ministry said its inquiry remains focused on whether any re-exports occurred and whether they met Malaysia’s requirements.

AI chips can currently be brought into Malaysia without a permit or licence, according to the ministry. Since July 2025, however, Malaysia has required a Strategic Trade Permit to export, re-export, transship or transit high-performance US-origin AI chips from or through the country under the Strategic Trade Act 2010.

The ministry said it had never cleared either Megaspeed or Speedmatrix. Its verification visits to data-centre facilities occupied by Speedmatrix were routine sector monitoring, not company-specific clearance or sign-off. The ministry described Speedmatrix as a tenant at Malaysian data centres that brings its own servers and AI chips into the country for its operations.

Providing Customs with false information about such goods is a serious offence under the Customs Act 1967, the ministry said. Malaysia plans to conduct its checks independently under domestic law and based on the available evidence while working with authorities in Singapore and the United States and considering stronger controls.

The available evidence does not establish whether any Speedmatrix chips were re-exported, their models or quantities, or any destinations. The ministry has not disclosed what evidence it and Customs are reviewing or set a timetable for the inquiry.