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Malaysia’s NationGate was caught in the fallout of Singapore’s investigation into the alleged fraudulent transfer of Nvidia’s advanced artificial intelligence chips, sending its shares crashing nearly 30 per cent on Monday (Mar 3) before trading was halted for an hour on Tuesday (Mar 4). The data centre solutions provider has denied any involvement in the ongoing fraud case. The Straits Times' Malaysia Bureau Chief, Shannon Teoh weighs in with reactions from Malaysia. Shannon also shares his views on the potential of smuggling activities for restricted technology, and the impact of the AI chips probe on Malaysia's growing electronics chips market.
See omnystudio.com/listener for privacy information.
Malaysia’s NationGate was caught in the fallout of Singapore’s investigation into the alleged fraudulent transfer of Nvidia’s advanced artificial intelligence chips, sending its shares crashing nearly 30 per cent on Monday (Mar 3) before trading was halted for an hour on Tuesday (Mar 4). The data centre solutions provider has denied any involvement in the ongoing fraud case. The Straits Times' Malaysia Bureau Chief, Shannon Teoh weighs in with reactions from Malaysia. Shannon also shares his views on the potential of smuggling activities for restricted technology, and the impact of the AI chips probe on Malaysia's growing electronics chips market.
See omnystudio.com/listener for privacy information.
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