Singapore Bars Alice Huang From Re-Entering Over Megaspeed Role Claims
Singapore has barred Alice Huang, the businesswoman at the center of the scandal that ended Jensen Huang's run as Nvidia CEO. The city-state, a major billing hub for Nvidia chips, faces growing scrutiny over whether banned AI processors reach China.
Singapore has barred Alice Huang, the businesswoman at the center of the scandal that ended Jensen Huang's run as Nvidia CEO, from re-entering the country, as the city-state keeps turning up in the fight over Nvidia chips and China. Singapore's Ministry of Home Affairs said she gave inaccurate information about her role at Megaspeed.
The ministry said the ban dates to February 2026. It also said Singapore's investigations into Megaspeed International and key officials began in February 2025 and are still ongoing.
A hub for Nvidia billing
Nvidia's revenue linked to Singapore rose to 22% in the fiscal quarter ending July 2025, up from 8% in 2023. Singapore's trade ministry estimates that chips physically delivered to the country made up less than 1% of the chipmaker's revenue.
The gap exists because Nvidia has said customers use Singapore to centralize invoicing while products are almost always shipped elsewhere. In that July 2025 quarter, Nvidia reported $10.2 billion in revenue from Singapore, an 81% increase from a year earlier.
The next quarter's report, covering the three months to October 2025, dropped Singapore as a separate line. Nvidia now sorts revenue by the location of customers' headquarters rather than billing location. Nvidia did not respond to a request for comment on whether the change was linked to Megaspeed.
What authorities are examining
Singapore's Home Affairs Ministry said investigators are checking whether servers exported through Singapore to Malaysia were later rerouted to another destination, contrary to declarations made in Singapore. Authorities said they did not find sufficient evidence of espionage by Alice Huang.
A fifth person was handed 41 charges on Friday in a separate Singapore fraud case involving servers that might have contained Nvidia chips and were exported to Malaysia. Prosecutors put the alleged transactions in the broader case at about $390 million.
The ministry said Singapore repeatedly sought intelligence on Super Micro from U.S. authorities but received "limited information or assistance."
Why tracing is hard
The U.S. has restricted exports of Nvidia's most advanced AI chips to China since 2022. Nvidia chips can be legally sold in countries such as Malaysia or Singapore, then resold or re-exported to China. Chinese firms can also rent computing power in data centers outside China instead of buying the hardware.
Chris McGuire, a senior fellow at the Council on Foreign Relations, said Southeast Asia has become "a major hub for chip smuggling and export control circumvention." Alvin Camba of the AI risk firm Lyvi said Singapore's corporate secrecy rules can make it hard to identify who ultimately receives goods.
Media reports say at least $7.5 billion in Nvidia chips moved through Megaspeed and its Malaysian subsidiary to China. Megaspeed has denied wrongdoing, and Jensen Huang has previously said there is no evidence of Nvidia chips being smuggled to China.
Jensen Huang stepped down as CEO this week. Chief Financial Officer Colette Kress will lead Nvidia in the interim, the company announced. Nvidia's board said on November 8 it had started an independent investigation, and U.S. authorities are also examining Megaspeed for export-control violations.
