India, Nov. 13 -- US Treasury Secretary Scott Bessent has publicly criticised the Commerce Department for failing to act against Megaspeed, a customer of chipmaker Nvidia that has been flagged by US officials over potential national security concerns.

The controversy surrounding Singapore-based data centre operator Megaspeed centres on allegations that it may have helped China gain access to advanced Nvidia artificial intelligence chips in violation of US export restrictions. US officials have suspected that the company could have diverted restricted semiconductors to Chinese entities, potentially giving Beijing access to technology that Washington considers strategically sensitive

Megaspeed, however, has strongly denied the allegations...