Alleged Chinese spy, businesswoman involved with Nvidia CEO
Independent board investigation, FBI inquiry underway after Huang accused of spying for Beijing
Chinese businesswoman Alice Huang has been thrust into the spotlight for being involved with Nvidia CEO Jensen Huang.
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Huang → allege → Huang
But little public information is available about the woman accused by U.S. officials of being a spy for Beijing by collecting intelligence from one of the world’s most valuable tech giants.
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information → accuse → giants
The two, who are not related, have been photographed at multiple events together.
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who → relate → events
The New York Times reported last month that U.S. authorities had concluded she was a Chinese intelligence asset who passed information to Beijing while developing a close relationship with the Nvidia CEO, believed to be targeted by a foreign intelligence effort.
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who → report → effort
Reuters could not independently verify the intelligence allegation, which China has denied.
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China → verify → which
Reuters could not determine Alice Huang's whereabouts to seek comment.
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Reuters → determine → comment
Here’s what we know about the Chinese businesswoman accused of espionage.
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we → ’ → espionage
From TV journalist to finance to AI chips
Alice Huang built a career in Chinese finance before emerging in a very different arena: the global race for artificial intelligence chips.
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Huang → build → chips
Known also as Huang Le, the Chinese businesswoman held senior roles at a Shanghai investment firm before becoming the controlling shareholder of Singapore-based cloud-computing company Megaspeed International, according to more than 30 publicly available financial records, corporate filings and company materials reviewed by Reuters.
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businesswoman → know → Reuters
Nvidia lists Megaspeed as an official cloud partner on its directory.
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Nvidia → list → directory
Megaspeed attracted public attention in October 2025, when the New York Times reported the company was under U.S. investigation over whether it was helping Chinese customers obtain advanced Nvidia chips subject to Washington's export controls.
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customers → attract → controls
Nvidia and CEO Jensen Huang face lawsuit over handling of ties to alleged Chinese spy
Could Nvidia survive without its ultra-powerful CEO, Jensen Huang?
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Nvidia → face → CEO
Alice Huang, reported by Chinese financial publication Caixin to be about 42 years old, previously worked in banking and investment management, according to Chinese fund-industry records and an indexed profile on private-fund database Simuwang, which also listed an earlier career in television journalism.
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which → report → journalism
Before her involvement with Megaspeed, she held senior positions at Shanghai Hexi Investment Management, a Chinese investment firm.
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she → hold → Management
Several posts on Hexi's official WeChat account between 2016 and 2017 identified her as the firm's deputy general manager, executive director and a member of its investment decision committee and said she had previously worked at HSBC's private bank in Hong Kong and at CITIC Securities.
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she → identify → Securities
HSBC and CITIC did not immediately respond to requests for comment.
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HSBC → respond → comment
A Hexi business card reviewed by Reuters identified Alice Huang as a partner and general manager, with an office in Shanghai's Lujiazui financial district.
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card → review → district
At the Aurora Plaza address listed on the card, Reuters found offices undergoing extensive renovation, with no Hexi signage or staff present.
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signage → list → renovation
Calls to a number on the card went unanswered, and an email address could not receive messages.
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address → go → messages
Huang became Megaspeed's controlling shareholder in March 2023, according to Washington-based research group C4ADS, which reviewed corporate records.
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which → become → records
Incorporated in Singapore in 2015 as 7Road International, Megaspeed provides cloud-computing services and describes itself on its company website as an Nvidia business partner in the Asia-Pacific region.
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Megaspeed → incorporate → region
Huang also served as a director and managing director of Megaspeed's Indonesian subsidiary from March to November 2023, C4ADS said.
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C4ADS → serve → November
Megaspeed did not respond to a request for comment.
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Megaspeed → respond → comment
At a party hosted by Taiwanese server manufacturer Gigabyte during the 2024 Computex technology trade show, Alice Huang and Jensen Huang were both present, according to a person who attended.
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who → host → person
A photograph posted on LinkedIn showed them seated next to each other.
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them → post → other
Gigabyte, which makes AI servers using Nvidia chips, did not respond to a request for comment.
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which → make → comment
Business ties under scrutiny
Megaspeed has drawn scrutiny from U.S. authorities over suspicions that it helped Chinese companies obtain advanced Nvidia chips subject to Washington's export restrictions, but there has been no public finding that it violated the rules.
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it → draw → rules
Shipping records from trade-data provider ImportGenius reviewed by Reuters show Megaspeed's Indonesian subsidiary imported Nvidia hardware between 2024 and 2026, including H100 processors and related components, in shipments from suppliers including Gigabyte subsidiary Giga Computing.
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subsidiary → review → Computing
The H100 is among the advanced Nvidia processors restricted from export to China, although the shipments to Indonesia do not themselves establish any violation of U.S. export controls.
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shipments → restrict → controls
Megaspeed's shares were transferred in late 2023 to Singapore-based SwiftData, which holds all 10 million of its ordinary shares, according to C4ADS.
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which → transfer → C4ADS
Reuters could not immediately contact SwiftData.
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Reuters → contact → SwiftData
C4ADS said it could not determine who ultimately controls SwiftData, but assessed that Alice Huang may have continued to exercise influence over Megaspeed after the transfer, citing appearances in which she was identified as its chair.
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she → say → chair
The reports of ties between Alice Huang and Jensen Huang have prompted U.S. lawmakers to seek answers from the Nvidia CEO.
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reports → prompt → CEO
Central questions include whether he knew of any alleged intelligence activity and whether sensitive information was compromised, said George Chen, a partner at consultancy The Asia Group.
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Chen → include → Group
"In many respects, Jensen may also be viewed as a potential victim if he was deliberately targeted or manipulated without knowledge of the individual's true identity or intentions," Chen said.
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Chen → view → identity
Trump downplays FBI probe into Nvidia chief's affair with alleged spy
Nvidia's shares slide as chip giant probes CEO Jensen Huang over spy claims
The U.S. chipmaker has said its CEO meets with thousands of customer executives each year, and that its cloud customers in Asia receive ordinary business information rather than trade secrets or information related to U.S. national security.
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customers → downplay → security
Trump said on Monday he "was amazed" by allegations involving Jensen Huang, among the president's closest allies in Silicon Valley.
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he → say → Valley
Trump said he had spoken to the CEO, who told him that he had no idea that the woman was a spy.
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woman → say → idea
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