Alice Huang Is Living in Beijing Amid Nvidia Spy Probe, Bloomberg Says
Alice Huang, the Megaspeed founder at the center of Nvidia’s espionage controversy, is living in Beijing with the knowledge of security officials, people familiar with the matter told Bloomberg.
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The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia chief executive Jensen Huang has returned to her home country, the people said.
One of them told Bloomberg she is in the Chinese capital and that security officials are aware of her presence, speaking anonymously because of the sensitivity of the situation.
It was not immediately clear when or why she traveled there, or what she may be engaged in, they said. Attempts to reach her on Thursday were unsuccessful.
Whereabouts Had Drawn Scrutiny
Her location has been the subject of intense speculation since Jensen Huang admitted to an extramarital affair and Nvidia’s board opened an investigation into allegations that she is a Chinese spy.
She is also known as Huang Le, a former journalist who built a business renting advanced chips to leading Chinese companies. Bloomberg said the controversy has roiled markets and may now result in Jensen Huang’s ouster.
Nvidia’s directors have been preparing to remove him, The Wall Street Journal reported this week, after he acknowledged the relationship.
Beijing Rejects the Spy Claim
Beijing has denied that Alice Huang was a spy. China’s Foreign Ministry did not immediately respond to Bloomberg’s request for comment.
U.S. officials have assessed that she was recruited to gather information on the Nvidia chief, according to earlier reporting by The New York Times. The allegation remains unproven.
Megaspeed Rose as a Key Partner
Alice Huang first came into Jensen Huang’s orbit after founding Megaspeed, which Bloomberg described as the largest buyer of Nvidia’s chips in Southeast Asia, a major route for smuggling the firm’s advanced hardware into China.
She oversaw the rise of a fledgling neocloud that became one of Nvidia’s most important partners in the regional data center boom, after founding the company in 2023 following a career in private equity and television.
The firm was spun off from Chinese video game company 7Road Holdings just months after former President Joe Biden restricted advanced AI chip shipments to China. 7Road sold its Singapore subsidiary to a British Virgin Islands entity called Huang Le Ltd., and she assumed control.
In November 2023, that entity sold Megaspeed to a Singapore shell company. Days later, the firm was designated an official Nvidia Cloud Partner, granting it preferred chip access.
Trade records show Megaspeed has since imported goods worth more than a thousand times its cash balance in 2023, Bloomberg reported. Its imports of Nvidia products have topped $4.6 billion.
At multiple facilities in Southeast Asia, the company rents Nvidia chips to Alibaba, which has faced U.S. national security concerns. Alibaba has denied Washington’s allegations of ties to China’s military and declined to comment on the relationship.
Kamer Kurunç
Kamer Kurunç is the Team Leader of Clash Report and has led the outlet for four years. He oversees its breaking world news coverage, from the Middle East and the Russia-Ukraine war to defense and global politics. His focus is fast, verified, source-based reporting. Follow him on X at @kamerknc.
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