Nvidia CEO Jensen Huang’s alleged links to a Chinese business executive suspected of working for Beijing’s intelligence service were flagged by short seller Culper Research months before the chipmaker launched an investigation into the matter.
We believe Nvidia has a significant China problem,” they wrote. The short seller also questioned Megaspeed’s rapid financial expansion and alleged that Chinese technology company Alibaba had financed the Singapore-based chip buyer through intermediary companies. The company has faced renewed investor concerns as questions surrounding Huang’s alleged association with Alice Huang and the possible diversion of advanced chips to China remain under scrutiny.
In a May 13 post on X, the firm claimed more than 20% of Nvidia’s fiscal 2026 computing revenue remained connected to China through alleged illegal chip diversion and Southeast Asian intermediaries. “We are short Nvidia $NVDA. . Megaspeed and its Malaysian affiliate, Speedmatrix, purchased $4.8 billion in Nvidia equipment and processors over three years, according to Culper’s findings. Nvidia’s stock was trading at $225.83 a share when Culper published its report on May 13. By Tuesday’s close, the shares had fallen about 25%, according to CBS News report .
