US claims Nvidia CEO Jensen Huang targeted by female Chinese spy from S'pore-based company

American intelligence formerly alleged that a Singapore-based data centre company, Megaspeed, was smuggling Nvidia chips to China.

Now, they have reportedly found that one executive of Megaspeed is not only a Chinese intelligence asset but has developed a close relationship to Nvidia CEO Jensen Huang.

According to The New York Times (NYT), Megaspeed executive Alice Huang, or Huang Le, a Chinese citizen, has been seen together with Jensen Huang multiple times over the past two years.

U.S. surveillance has allegedly confirmed that the two are in close contact.

They share the same surname but are unrelated.

The U.S. believes that this is part of a plot to obtain sensitive information from Jensen Huang, who is not only an influential tech leader but a close associate of U.S. President Donald Trump, fearing that Trump's stances on key tech and AI issues may be leaked to China.

CNA stated that Chinese foreign ministry spokesman Guo Jiakun denied the existence of such a plot.

"The report in question is based on groundless speculation and is nothing more than an attempt to smear China," he said.

Who is Alice Huang?

NYT previously reported that information about Alice Huang is scarce, though they discovered that she allegedly worked first as a news reporter and then a private banker in China.

She then became a top executive at Megaspeed. However, even her exact position at Megaspeed is unclear.

Jensen Huang, who is married, was first seen together with Alice Huang in June 2024, mingling at a bar with other tech executives after a technology trade show in Taipei.

One executive, Parker Schmitt, told NYT that Alice Huang said "I bet you guys I can get Jensen here," referring to the CEO by his first name.

Jensen Huang then showed up shortly after and drank whiskey with the group.

A year later in May, the two were seen leaving a Taipei restaurant after a business dinner with other AI suppliers.

Beyond just business deals, U.S. intelligence is worried about Alice Huang's purported funneling of information to Beijing due to Jensen Huang's proximity to Trump.

Jensen Huang had personally met with Trump to convince him to allow Nvidia to sell chips to China, and Nvidia later donated at least US$20 million (S$25.5 million) to Trump's White House ballroom fund, one source told NYT.

When Chinese leader Xi Jinping visited the U.S. in September 2026, Jensen Huang was also present at the table.

The U.S. thus fears that Alice Huang may be privy to sensitive information about both Trump and Nvidia.

Intelligence officers reportedly briefed Trump about the possible espionage regarding Jensen Huang, but NYT reported that he chose to do nothing.

What's Megaspeed?

Megaspeed buys chips to build data centres and rent their computing power to companies in other countries, such as China.

However, it faces accusations that it smuggles advanced AI chips to China.

According to NYT, the U.S. government has been cracking down on AI chip sales to China over fears that they would gain access to advanced technology.

Yet Megaspeed and Nvidia have done brisk business, with Megaspeed's sister company buying at least US$4.8 billion (S$6.13 billion) worth of advanced AI equipment from 2024 to 2026.

Nvidia claims that Megaspeed was "like any other regional customer", denying that the two companies had any special relationship.

The company's spokesman, John Rizzo, added that Jensen Huang and Alice Huang's meetings "are not unusual or unexpected", and that "meetings with customers are part of a CEO's job."

Regarding the assertions that Megaspeed has been smuggling chips to China, Rizzo said that Nvidia had debunked such claims, and that they had verified that Megaspeed had no Chinese shareholders.

Jensen Huang himself told Bloomberg on Oct. 29 2026 that Nvidia examined how Megaspeed was utilising their chips and concluded that they were not diverting them to China.

"We've studied all their deployments of our GPUs (graphic processing units) and counted every one," he said.

But U.S. intelligence has taken a different view, with one 2024 investigation at Megaspeed's data centre in Malaysia showing that the purchased AI equipment was still in boxes and left uninstalled.

This suggested that the equipment was to be shipped out rather than used on-site.

Singapore itself conducted an investigation into Megaspeed in 2025, bringing Alice Huang in for questioning before releasing her.