Megaspeed confirmed that former executive Alice Huang, who became its controlling shareholder in March 2023, departed on August 30, 2025. Her exit follows disclosures that U.S. intelligence believed she gathered intelligence on Jensen Huang, who subsequently resigned as Nvidia's CEO on November 12. Corporate records also revealed indirect business ties between her former investment firm and infrastructure serving Huawei Cloud through 2024. In response to mounting scrutiny over whether Nvidia GPUs were redirected to Chinese entities, Megaspeed has engaged external legal counsel to conduct an internal investigation.
Key points
U.S. intelligence officials suspect Alice Huang was recruited by Chinese intelligence ser…: U.S. intelligence officials suspect Alice Huang was recruited by Chinese intelligence services to collect proprietary information on Jensen Huang.
Megaspeed denied claims that it diverted Nvidia chips to Chinese clients and hired extern…: Megaspeed denied claims that it diverted Nvidia chips to Chinese clients and hired external legal counsel to run an internal review.
Private intelligence findings linked Alice Huang's former investment firm to Huawei Cloud…: Private intelligence findings linked Alice Huang's former investment firm to Huawei Cloud infrastructure without establishing any unauthorized technology transfers.
Sources checked by our analysis pipeline: 1
Singapore-based firm Megaspeed has confirmed that Alice Huang, the former executive at the centre of the controversy involving Nvidia's Jensen Huang, left the company in August 2025.
The company told CNBC on Sunday that Alice Huang officially departed on August 30, 2025, and no longer holds any role there. It declined to comment on her personal affairs.
“Megaspeed does not comment on Ms. Huang’s personal and private matters,” the company said in an emailed statement.
The announcement comes amid heightened scrutiny of Megaspeed following reports about Alice Huang's alleged relationship with Jensen Huang and her business connections in China. The New York Times has reported that US intelligence officials believe she was recruited by China's intelligence services to gather information on the Nvidia chief.
Jensen Huang acknowledged being unfaithful to his wife amid the reports and resigned as Nvidia CEO on November 12. The reports also raised questions about another alleged relationship involving a senior Nvidia employee.
Who is Alice Huang?
Alice Huang, also known as Huang Le, built a career in Chinese finance before moving into the artificial intelligence…
Researchers addressed reflection-driven energy loss in photovoltaic hardware by creating three-dimensional, concave modules that capture bouncing photons across varying angles. This geometric adaptation eliminates reliance on complex mechanical tracking systems to follow the sun. By pairing the design with pliable materials, developers opened new possibilities for integrating solar technology directly into non-flat infrastructure.
Alice Huang, described as a "Chinese spy," left the company Megaspeed in 2025 amid an ongoing row involving Nvidia. Following the development, Megaspeed stated that it conducted "legitimate and lawful business."
A routine fiber optic upgrade conducted by contractor L3Harris caused radar gaps across 17 air traffic centers, prompting a four-hour nationwide ground stop. The disruption triggered over 14,000 flight cancellations across two days, marking the only full domestic halt since September 11, 2001. Federal officials confirmed the telecommunications failure stemmed from overloaded routers rather than a cyberattack.