Alice Huang Is Living in Beijing as Megaspeed Vows US Cooperation
Alice Huang, the Megaspeed International founder at the center of the Nvidia scandal, has returned to China and is living in Beijing, according to people
Alice Huang, the Megaspeed International founder at the center of the Nvidia scandal, has returned to China and is living in Beijing, according to people familiar with the matter. Megaspeed has meanwhile pledged to cooperate with a US probe.
One of the people said Chinese security officials know she is there. The person asked not to be named because the situation is sensitive.
It is unclear when she traveled to the capital, why she went, or what she is doing there.
A scandal that moved markets
Huang, also known as Huang Le, built a business renting advanced chips to major Chinese companies. Her whereabouts have drawn intense speculation since Nvidia CEO Jensen Huang admitted to an extramarital affair.
Nvidia's board then opened an investigation into allegations that she is a Chinese spy. Those are allegations, and the reports cited here do not establish them.
The controversy has rattled markets and could end with Jensen Huang's removal as chief executive. Asian stocks fell as investors waited for the board to decide his fate, and reports have named the company's top engineer and its chief financial officer as favored candidates to succeed him.
Pressure on the CEO
The pressure grew after a separate report of a second affair involving the Nvidia chief, according to coverage of the case. The reports on Huang's location come as the board's inquiry continues.
Megaspeed, a Singapore-based cloud-computing company, said it will cooperate with the US probe.
Beijing has denied the allegations. Nvidia's board has not announced the result of its investigation.
