Alice Huang Allegedly Helped Send 240,000 Nvidia Chips to China
Alice Huang, the founder of Singapore-based cloud firm Megaspeed, allegedly used her relationship with Nvidia chief executive Jensen Huang to help steer about 240,000 restricted AI chips to Chinese companies. Those are allegations, drawn from unnamed sources. Alice Huang has reportedly returned to Beijing as the scandal grows.
The chips were worth an estimated $7.5 billion, according to a report citing people familiar with the matter. Most were H100 and H200 processors, which U.S. export rules bar from sale to China, along with some older A100 units. The shipments allegedly began in 2023.
Who is Alice Huang?
Alice Huang, also known as Huang Le, runs Megaspeed International as its de facto leader. Megaspeed lists Singapore as its main office and operates data centers across Southeast Asia through a network of subsidiaries and facilities.
The company is at the center of a U.S. national security probe into whether it helped move billions of dollars of restricted Nvidia hardware into China.
U.S. intelligence also identified her as someone recruited by China's Ministry of State Security to gather information on Jensen Huang, according to people briefed on that intelligence. Jensen Huang has acknowledged his relationship with her.
The alleged network
The sources tied Alice Huang to two companies, Shanghai Century Litong and Megaspeed, through personal information and company registration records. Two people who know her said her ties to the Nvidia chief helped smooth at least $7.5 billion in chip shipments to Chinese firms.
Some of the hardware ended up in data centers serving Chinese technology giants, including Alibaba and Tencent, according to the report.
The allegations arrive as Washington's ban on advanced chip sales to China faces fresh scrutiny over how easily the equipment can still reach Chinese buyers through intermediaries in third countries.
The U.S. national security probe into Megaspeed is continuing.
