Alice Huang, a suspected Chinese spy linked to former Nvidia CEO Jensen Huang, left her executive role at the Singapore-based cloud provider Megaspeed International in August 2025, according to company statements released on Sunday.
Megaspeed Internal Investigation
- Megaspeed confirmed Alice Huang left the firm in August 2025 and stated she currently holds no role within the company.
- The company announced an internal investigation led by external legal counsel regarding its business operations and supply chain.
- U.S. Treasury Secretary Scott Bessent criticized the Commerce Department for its oversight of high-end chip exports to firms in the region.
The departure of Alice Huang, also known as Huang Le, comes as fallout continues from extramarital relationships involving former Nvidia (NASDAQ: NVDA) chief Jensen Huang, who resigned from his post. U.S. intelligence officials suspect Alice Huang is an asset of China’s Ministry of State Security, a claim that Beijing has denied, warning Washington against utilizing the scandal as a technological blockade against artificial intelligence development.
BREAKING: US Treasury Secretary Bessent says Nvidia, $NVDA, needs a "dramatic shakeup" after the Jensen Huang scandal. Bessent says he wants to shift the focus from Huang’s personal "foibles" to the legal and national-security aspects. "I want to keep coming back to what was…”
Megaspeed has faced intense scrutiny over whether advanced AI processors were redirected to Chinese customers in violation of United States export controls. In a statement reported by CNBC, the company said that recent media assertions concerning its global operations and supply chains are not supported by verifiable evidence. Megaspeed said that it maintains operational frameworks designed to comply with all applicable laws, including United States export requirements.
According to U.S. investigators, Alice Huang used a series of shell companies and industry contacts to access chips banned for export into China. Over the past three years, Megaspeed emerged as one of Nvidia’s largest foreign customers, purchasing billions of dollars in specialized computing hardware. The firm was originally incorporated in 2015 as a gaming enterprise before pivoting to cloud computing infrastructure.
| Entity | Jurisdiction | Core Role in Controversy |
|---|---|---|
| Megaspeed International | Singapore | Major regional buyer under investigation for alleged chip redirection |
| Speedmatrix | Malaysia | Megaspeed subsidiary that received numerous restricted technology shipments |
| Nvidia | United States | AI chip developer whose former CEO resigned amid related inquiries |
Singaporean authorities previously seized Alice Huang’s passport in June 2025 while attempting to engage U.S. officials regarding the alleged smuggling activities. “unilateral export controls imposed by other countries,” Singapore maintains it does not enforce, while expecting entities operating within its borders to respect international regulatory frameworks.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice.
Elon Musk says a petition to reinstate Jensen Huang as $NVDA CEO is underway and that he plans to sign it. That comes as Nvidia employees are already pushing for Jensen’s return. pic.twitter.com/nOur0HR0sD
More on Alice Huang
The DOJ is reportedly investigating whether Alice Huang was involved in smuggling $SMCI made servers into China. She’s obviously the same woman U. S. officials suspect of spying on former $NVDA CEO Jensen Huang. pic.twitter.com/k6GsQro108
We spoke to @Reuters for their latest profile of Alice Huang, assessing that she may retain influence over Singapore-based Megaspeed International even after its shares moved (based on appearances where she was identified as its chair). Read 👇https://t.co/eKqjpDQMVa
