Nvidia CEO Jensen Huang has admitted to having an extramarital affair with Alice Huang, a Chinese businesswoman suspected by US intelligence agencies of working for Beijing. Both Nvidia and Megaspeed, the Singapore-based company she was associated with, are under investigation amid allegations of a Chinese espionage operation targeting the chipmaker.
The newspaper reported that she was allegedly recruited by China’s ministry of state security (MSS), the country’s principal civilian intelligence agency, as part of an operation targeting Jensen Huang and Nvidia. Alice Huang’s professional background includes reported stints in television, banking and investment management. Also known as Huang Le, Alice Huang is a Chinese national who has been associated with Megaspeed, one of Nvidia’s major customers in Southeast Asia. She reportedly went on to become a vice-president at CITIC Securities, one of China’s major financial services companies. Megaspeed reportedly acquired Nvidia equipment through intermediaries, including the American arm of Chinese server manufacturer Inspur. The US government has been investigating Megaspeed over suspicions that it could be helping Chinese companies circumvent American restrictions on advanced AI chip exports.
Megaspeed’s Malaysian sister company bought at least $4.8 billion worth of advanced AI equipment containing Nvidia chips and technology between June 2024 and February 2026, according to trade records obtained from ImportGenius. The Commerce Department began investigating the company in late 2024 after an official visited its data centre in Malaysia and found Nvidia equipment still packed in boxes, according to The New York Times. Because the equipment appeared to be moving through the facility rather than being installed there, officials reportedly considered this suspicious.
US intelligence agencies concluded that she was a Chinese intelligence asset who had been gathering information for Beijing , according to The New York Times. She previously worked as a television reporter with Hunan TV and China Central Television (CCTV), China’s state broadcaster, according to a profile attributed to her in a Chinese private-fund database. Alice later worked at The Hongkong and Shanghai Banking Corporation (HSBC), where she was listed as an assistant to the president of its private banking division, according to the same Chinese investment database.
