Alice Huang used ties to Jensen Huang to divert $7.5 bn Nvidia chips to China: Report

Days after Nvidia CEO Jensen Huang admitted to having an extramarital affair, reports have shed light on how Alice Huang, Jensen's alleged mistress suspected by US intelligence of working for Chinese authorities, allegedly used her connections to facilitate the movement of advanced American AI chips worth billions of dollars into China.

A report published by The Information details how the alleged chip diversion may have worked, outlining a network of companies spanning Singapore, Malaysia and China that reportedly helped acquire Nvidia processors and route them to Chinese customers.

A web of companies involved

At the centre of the alleged network is Megaspeed International, a Singapore-based cloud computing company with links to Chinese businesses. Alice Huang, also known as Huang Le, held an executive position at the company from March to November 2023, according to the report.

Megaspeed and its Malaysia-linked company Speedmatrix are estimated to have imported or routed Nvidia chips worth a combined $6.6 billion, according to figures cited in the report. Megaspeed accounted for approximately $4.6 billion worth of AI chip imports between 2023 and 2025, while another $2 billion worth of chips was reportedly routed through Speedmatrix.

The report claims that not all these chips followed the same route. Some allegedly made their way physically into China, despite restrictions on their export, while others were installed in data centres across Southeast Asia. Chinese customers could remotely access the computing power provided by these facilities, allowing them to use Nvidia-powered infrastructure without the hardware necessarily being shipped across the border.

Another key company in the network was Shanghai Century Litong, a China-based firm established in June 2023. It reportedly received Nvidia chips from Megaspeed and other sources, while also operating data centres and renting out computing capacity to Chinese technology companies.

Century Litong's customers reportedly included some of China's largest technology companies, which could not directly procure certain restricted Nvidia processors.

Also read: Huang under probe: What next for Nvidia and its investors?

The report puts the total value of Nvidia GPUs acquired through the wider network at approximately $7.5 billion. It also says Alice Huang helped move around 240,000 restricted Nvidia chips into China, primarily H100 and H200 systems.

Why is a rerouting angle being alleged?

The allegations assume significance against the backdrop of Washington's restrictions on the export of advanced semiconductor technology to China.

In October 2022, the US government introduced sweeping export controls on advanced computing chips and semiconductor manufacturing equipment. The restrictions were aimed at limiting China's ability to acquire high-end processors that could be used to develop advanced military systems, supercomputers and other sensitive technologies.

The measures covered some of Nvidia's most powerful AI processors, including the A100 and H100. Companies seeking to export such chips to China were required to obtain licences from the US government.

Nvidia responded by developing modified versions of its processors for the Chinese market. These included the A800 and H800, which were designed to fall within the performance limits permitted under the original restrictions.

However, Washington tightened the rules again in October 2023, revising the technical thresholds used to determine which chips required export licences. The changes brought the A800 and H800 under restrictions as well, effectively shutting another route through which Chinese customers could access Nvidia's advanced processors.

Also read: Nvidia stock slides on CEO probe while Wall Street rallies on without it

The revised rules were also designed to address possible circumvention through third countries and foreign subsidiaries. The US Bureau of Industry and Security specifically cited the risk of companies outside China procuring controlled chips for onward shipment to Chinese buyers.

Beijing has repeatedly criticised Washington's restrictions, accusing it of using export controls to contain China's technological development and create barriers to its access to advanced computing technology.

What is the role of Alice Huang?

The report says Alice Huang's association with Jensen Huang dates back to at least 2023. She allegedly used her proximity to the Nvidia chief to establish credibility among Chinese business networks and secure access to supplies that were otherwise difficult to obtain.

People familiar with her told the publication that Alice would openly boast about her relationship with the Nvidia CEO and regularly post photographs with him on her WeChat account. She reportedly told business associates that Jensen would celebrate her birthday with dinners and gifts.

Her association with the Nvidia chief also appears to have helped her position herself as someone who could resolve supply-chain problems. According to the report, when orders for AI chips were delayed or ran into difficulties, Alice would step in to get them moving again.

A Nvidia China sales employee told the publication that she was a familiar face at the company's annual events for local partners. Another source said she would frequently cite her connections with Nvidia and its suppliers to explain how she could secure chip supplies.

Photographs have also offered a glimpse into their association. One image showed Alice sitting next to Jensen at a party hosted by Taiwanese server manufacturer Gigabyte during the Computex technology trade show in June 2024.

Another photograph from May 2025 showed the two together at a restaurant in Taipei, with Alice kissing Jensen on the cheek.

The report also details how Alice's family members were connected to the wider corporate network. Her sister, Huang Yu, was linked to the founding shareholder of Shanghai Century Litong, while her husband, Kang Wei, was also said to have been involved in the network of companies used to acquire Nvidia processors.

Also read: Gaming chips to AI dominance: What Huang built, and what Nvidia now risks losing

The association between Jensen and Alice has since attracted attention beyond the alleged chip transactions.

US authorities had reportedly been scrutinising Megaspeed over suspicions that it was helping Chinese customers obtain advanced Nvidia processors in violation of export restrictions. The company had also attracted attention in 2025 after reports of a US investigation into whether its Southeast Asian operations were being used to divert chips to China.

The allegations surrounding Alice's links with Chinese intelligence surfaced publicly in October 2026, when reports said US officials believed she had been recruited by China's Ministry of State Security to gather information on Jensen Huang and Nvidia.

Jensen's admission of infidelity in a message to Nvidia employees on November 8 came days after those reports. Nvidia's board has since initiated an independent investigation into whether its CEO was the target of a foreign intelligence operation.