Market Chatter: Bain Capital Data Center Business Severs Ties With Nvidia Buyer Following US Investigation

MT Newswires Live04-08 18:03

Bain Capital's Bridge Data Centres has removed Megaspeed International from its Malaysian hub after it was accused of smuggling Nvidia (NVDA) chips by the US government, Bloomberg News reported Wednesday, citing people familiar with the matter.

The company replaced Megaspeed with Zenlayer at its Malaysian facility, the unnamed sources told the news outlet.

The move followed a US investigation of whether Megaspeed was smuggling advanced Nvidia AI chips to China in violation of export rules, Bloomberg reported.

Bain, Bridge Data, Megaspeed, and Zenlayer didn't immediately respond to MT Newswires' requests for comment.

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