Megaspeed Says Alice Huang Left Company as US Officials Suspect China Spy Link
Alice Huang left her executive position at Megaspeed on Aug. 30, 2025, according to a statement released by the Singapore-based cloud computing company on Sunday.
The departure places fresh focus on the network surrounding former Nvidia CEO Jensen Huang, who resigned from the AI chip-making giant on Nov. 12, 2026. Jensen Huang stepped down after acknowledging affairs with Alice Huang, also known as Huang Le, and with a direct employee, as reported by CNBC.
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
U.S. intelligence officials suspect Alice Huang of operating as an intelligence asset for China’s Ministry of State Security. Beijing has denied those allegations and warned against using the situation to impose technological blocks on AI development.
Megaspeed emerged as one of Nvidia’s largest foreign customers in the Asia-Pacific region, purchasing nearly $5 billion in advanced hardware and AI chips over the prior three years. Washington-based research group C4ADS noted via corporate records that Alice Huang became the controlling shareholder of Megaspeed in March 2023.
Megaspeed Faces Investigations into Banned Nvidia Chip Exports
Megaspeed is facing active investigations in the United States and Singapore regarding allegations that the company operated shell companies to route banned Nvidia chips to Chinese customers in violation of export controls. U.S. investigators allege that approximately 240,000 restricted chips were accessed through these channels, according to CBS News.
The company said on Sunday that it launched an internal investigation utilizing external legal counsel.
“Megaspeed is aware of recent media reports containing assertions about our business, supply chain and global operations that are not supported by verifiable evidence.”
the company stated, adding that it conducts legitimate and lawful business.
The firm maintains that its operations comply fully with U.S. export control requirements and local jurisdiction rules in every market where it operates. Singaporean authorities seized Alice Huang’s passport in June 2025 while attempting to engage U.S. officials to support local smuggling investigations, a source told CBS News.
Political Fallout in Washington
U.S. Treasury Secretary Scott Bessent pointed to oversight failures within the Department of Commerce during a CNBC appearance on Friday, November 13, 2026. Bessent said that multiple government agencies favored placing Megaspeed on the U.S. trade restriction entity list for months, but said that Commerce held the authority.
Commerce Howard Lutnick faces a subpoena to testify before the Senate Banking Committee next month regarding his department’s export oversight. Congressional committees have formally requested that Lutnick and the commerce department preserve all records related to Nvidia and Jensen Huang.
President Donald Trump stated last week that the Federal Bureau of Investigation is actively reviewing the personal and business connections linking Jensen Huang and Alice Huang. Nvidia and the U.S. government did not immediately respond to requests for comment regarding Megaspeed’s Sunday statement.
Keep reading