Bain Capital's data center unit removes disgraced tenant suspected of smuggling Nvidia GPUs to China — Megaspeed previously alleged to have spent roughly $2 billion on AI processors for illicit distribution

Key summary
Bridge Data Centers terminated Megaspeed’s contract at its Malaysia campus after a U.S. probe into whether Megaspeed smuggled restricted Nvidia AI accelerators to China.
Bloomberg-cited internal memos show roughly 64–68 MW of power capacity reserved for Megaspeed was reassigned to Zenplayer.
A memo to lenders did not state a reason for the tenant change; Bloomberg said BDC aims to limit U.S. government scrutiny by removing Megaspeed.
BDC is securing additional capital — discussing about $6 billion for Thailand expansion and seeking to raise an existing loan package to at least $5 billion for Malaysia.
The regional data center market is projected to attract roughly $800 billion by 2030; Megaspeed, formed in 2023 after a 7Road-linked offshore move, was spotlighted in an October 2025 NYT probe mentioning Speedmatrix and Inspur’s Aivres Systems.

