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Malaysia probes Speedmatrix AI chip imports

Malaysia's trade ministry says Megaspeed and Speedmatrix were never authorized and that customs is reviewing possible re-exports of AI chips.

Close-up of semiconductor chip patterns, dark purple tones
Close-up of semiconductor chip patterns, dark purple tones. Photo: Jason Leung, via Unsplash

What we know

Malaysia's Trade Ministry said it never authorized Megaspeed International or Speedmatrix. It said Speedmatrix brought servers and AI chips into the country and customs is reviewing potential re-exports. It is exploring more controls with Singapore and US authorities, and told companies to factor in foreign export controls even though Malaysia does not enforce them.

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@FirstSquawk

“Speedmatrix Brought Servers And AI Chips Into The Country”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.