Alleged Chinese spy Alice Huang’s Megaspeed was reportedly boasting to investors about its access to AI chips in a mega deal with Alibaba – even as US officials grew concerned about smuggling allegations and thousands of unaccounted-for Nvidia chips.
Alice Huang, a Chinese citizen also known as Huang Le, was until recently an executive at Singapore-based Megaspeed – a company that rents out AI computing capacity to Asia-based firms. Her suspected role as a Chinese intelligence asset has sparked a board investigation into Jensen Huang’s conduct and raised questions as to whether he’ll remain CEO.
Megaspeed was the largest buyer of Nvidia chips in southeast Asia – a market that US officials have long suspected of being the linchpin of efforts to evade export controls limiting sale of Nvidia’s products to China, according to Bloomberg.
Last year, US officials asked Nvidia to audit its dealings with Megaspeed to aid its probe into chip smuggling. While Nvidia initially replied that all of its chip sales were accurately recorded – even though Megaspeed had imported 50,000 more computer chips than what Nvidia linked to its data centers, Bloomberg reported.
Nvidia also reportedly pledged in December 2025 to re-visit Megaspeed’s data centers as part of its internal review – though it’s unclear if those follow-up checks ever happened.
Elsewhere, records reportedly show that Megaspeed imported goods worth more than 1,000-times its cash-on-hand in 2023. That same year, Megaspeed became a member of Nvidia’s partnership program – which generally means it would have streamlined access to the company’s chips.
Meanwhile in early 2025, Huang reportedly boasted that her company had “no problem securing GPUs” and touted Chinese tech giant Alibaba as a customer while trying to secure an investment for a data center, the Financial Times reported.
Megaspeed has denied any wrongdoing.
Megaspeed’s close ties and business dealings with Nvidia are especially concerning because Nvidia’s Huang has been among the loudest voices urging the Trump administration to ease export controls and make it easier to sell AI chips to China – despite the protests of firms like Anthropic who have warned that such deals are a national security threat.
Here’s the latest on the Nvidia CEO who had an affair with an alleged Chinese spy:
China’s foreign ministry has dismissed the allegations against Huang as “entirely based on groundless speculation—it’s nothing more than slander and smearing.”
Nvidia’s Huang admitted to being unfaithful to his wife on Sunday, days after reports surfaced that US officials had grown concerned about his “close relationship” with Huang Le, who was suspecting of having ties to China’s Ministry of State Security.
This spring, Secretary of State Marco Rubio reportedly oversaw the drafting of a classified memo warning top Trump officials that the Nvidia boss was in a close relationship with Huang Le.
“I was unfaithful to my wife,” Huang said in a memo to employees. “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”
As a television reporter, Huang Le worked stints at Chinese state media outlet CCTV and Hunan TV. She reportedly speaks good English. While she was only listed as a director at Megaspeed from March 2023 to November 2023, she was introducing herself as a business partner of the company’s CEO as recently as August 2025, the Wall Street Journal reported.
Huang Le and Jensen Huang are believed to have met in early 2024 during an Nvidia event in California. A widely circulated photo showed the duo sitting together at a bar in Taipei followed a trade show in June 2024.
Their public connection surfaced in May 2025, when the pair were seen with a group of other executives having dinner at a restaurant in Taiwan. They were seen leaving the event in the same car.
As a television reporter, Huang Le worked stints at Chinese state media outlet CCTV and Hunan TV. She reportedly speaks good English. While she was only listed as a director at Megaspeed from March 2023 to November 2023, she was introducing herself as a business partner of the company’s CEO as recently as August 2025, the Wall Street Journal reported.
Huang Le and Jensen Huang are believed to have met in early 2024 during an Nvidia event in California. A widely circulated photo showed the duo sitting together at a bar in Taipei followed a trade show in June 2024.
Their public connection surfaced in May 2025, when the pair were seen with a group of other executives having dinner at a restaurant in Taiwan. They were seen leaving the event in the same car.
