Singapore — Alleged Chinese Spy's Firm Faces Nvidia Chip Probe

Megaspeed, the Singapore-based cloud computing firm where Alice Huang worked as an executive, told investors it had secured Nvidia AI chips for a deal with Chinese tech giant Alibaba even as U.S. officials were probing suspected smuggling of those same chips into China, according to reporting by Bloomberg and the Financial Times cited by the New York Post. Huang, also known as Huang Le, is a Chinese citizen whose suspected role as a Chinese intelligence asset has triggered a board investigation into Nvidia chief executive Jensen Huang's conduct.

What is Megaspeed, and why does it matter to U.S. export rules?

Megaspeed rents out AI computing capacity to firms across Asia and was, according to Bloomberg's reporting, the largest buyer of Nvidia chips in Southeast Asia — a region U.S. officials have long flagged as a potential route for circumventing export limits on the sale of advanced Nvidia processors to China. In 2023, Megaspeed joined Nvidia's partnership program, a status that typically gives member companies streamlined access to the company's chips, Bloomberg reported.

What did Nvidia's chip audit find?

U.S. officials last year asked Nvidia to audit its dealings with Megaspeed as part of a broader smuggling investigation, Bloomberg reported. Nvidia initially told officials its chip sales were accurately recorded. Bloomberg's reporting found Megaspeed had imported roughly 50,000 more computer chips than Nvidia had linked to the company's data centers. Nvidia pledged in December 2025 to revisit Megaspeed's data centers as part of an internal review; it remains unclear whether that follow-up inspection occurred, according to the Post's account of the Bloomberg report.

Data box

• 50,000: additional chips Megaspeed reportedly imported beyond what Nvidia tied to the company's data centers, per Bloomberg.
• 1,000x: the multiple by which Megaspeed's 2023 import value reportedly exceeded its cash-on-hand, according to records cited by Bloomberg.

What did Alice Huang reportedly say about chip access?

In early 2025, while seeking an investment for a data center, Huang boasted that Megaspeed had "no problem securing GPUs" and cited Alibaba as a customer, the Financial Times reported.

"No problem securing GPUs." — Alice Huang, as quoted by the Financial Times, while courting data-center investment in early 2025

Megaspeed has denied any wrongdoing, according to the Post's report.

How does Alice Huang's background connect to the intelligence concerns?

Huang's LinkedIn profile listed prior roles as a reporter at Hunan TV and CCTV, state broadcasters in China, the Post reported. She and Jensen Huang were photographed together at the COMPUTEX forum in Taipei in June 2024, among other public events cited in the reporting.

What happens next for Nvidia and Jensen Huang?

Nvidia's board is investigating Jensen Huang's conduct in connection with the Megaspeed relationship, and the inquiry has raised questions about whether he remains chief executive, according to the Post. The scrutiny lands as Huang has been among the most vocal advocates urging the Trump administration to ease export controls on AI chip sales to China.

Timeline

• 2023: Megaspeed joins Nvidia's partner program; import records show spending reportedly 1,000 times its cash-on-hand.
• Early 2025: Huang tells prospective investors Megaspeed has "no problem securing GPUs," cites Alibaba as a customer.
• 2025 (later): U.S. officials ask Nvidia to audit Megaspeed dealings amid a smuggling probe; audit finds a 50,000-chip discrepancy.
• December 2025: Nvidia pledges to revisit Megaspeed's data centers; status of that follow-up is unclear.
• Now: Nvidia's board investigates Jensen Huang's conduct.