Jensen Huang spy scandal: Singapore-based Megaspeed breaks silence on Alice Huang, says she left the firm last year
Megaspeed, a Singapore-based cloud-computing company, broke its silence on Sunday (local time) over the controversy surrounding Alice Huang, one of its former top executives who has been linked to former Nvidia CEO Jensen Huang. The development comes amid reports of Jensen Huang's alleged extramarital affairs, including one with Alice Huang, whom US intelligence officials reportedly suspect of spying for the Chinese government. Beijing has rejected the allegations.
In a statement shared with CNBC, Megaspeed said, "Ms. Alice Huang officially left Megaspeed effective August 30, 2025 and currently has no role with the Company." It added, "Megaspeed does not comment on Ms. Huang’s personal and private matters."
The company told CNBC that it had launched an internal probe amid media reports concerning its business and supply chain. It also dismissed reports about its business, supply chain and global operations as lacking verifiable evidence, adding that it had engaged external legal counsel to conduct a comprehensive investigation.
Megaspeed, which has offices in Singapore and Indonesia, identifies itself as a “core business partner” of Nvidia’s regional computing cloud operations. It enables customers to rent computing capacity powered by Nvidia GPUs (graphics processing units), specialised chips designed to perform multiple calculations simultaneously.
The company further stated, "Megaspeed designs and maintains its global operational and supply-chain control frameworks to comply with all applicable laws and regulatory regimes, including United States export control requirements and local jurisdiction rules in every market where we operate."
It also said it would review the reports and communicate further with stakeholders as appropriate.
Megaspeed is facing media and government scrutiny over allegations that Nvidia chips supplied through its business may have been redirected to customers in China.
Previously, The New York Times reported that US intelligence officials suspected Alice Huang of being an intelligence asset for China. The allegations have also drawn attention to her former position at Megaspeed, and her reported links to Jensen Huang.
The controversy has emerged amid concerns over the possible diversion of advanced AI chips to China, which is subject to US export restrictions. Jensen Huang has publicly acknowledged being unfaithful to his wife, while the allegations concerning Alice Huang's alleged links to Chinese intelligence remain unproven.
Singapore's Ministry of Home Affairs (MHA) said on November 12 that the Singapore Police Force and Singapore Customs had launched an independent investigation in February 2025 into Megaspeed, several other companies and their key officers. The probe concerned suspected false declarations involving server purchases and other possible offences.
The ministry clarified that Alice Huang, also known as Huang Le, was investigated over her suspected involvement in these possible offences because of her position as Megaspeed's then-CEO, chairperson and one of its key controllers. It stressed that she was not investigated for espionage.
On June 24, 2025, the US Commerce Department's Bureau of Industry and Security (BIS) conducted a voluntary post-shipment verification at Megaspeed, with Alice Huang present. Singapore police interviewed her on the same day as part of their ongoing investigation and impounded her passport to secure her attendance during the inquiry.
In February 2026, the Singapore Police Force, in consultation with the Attorney-General's Chambers, concluded that there was insufficient evidence to establish that Huang had committed offences relating to the suspected false declarations.
However, authorities assessed that she had provided information she knew to be inaccurate to the police to downplay her role in Megaspeed. She was issued a stern warning and barred from re-entering Singapore. Her passport was returned on February 26, 2026, and she left the country the same day.
The investigation into Megaspeed and six other individuals remains ongoing, according to the MHA.
Swati Gandhi is a digital journalist with over four years of experience, specialising in international and geopolitical issues. Her work focuses on foreign policy, global power shifts, and the political and economic forces shaping international relations, with a particular emphasis on how global developments affect India. She approaches journalism with a strong belief in context-driven reporting, aiming to break down complex global events into clear, accessible narratives for a wide readership.<br><br> Previously, Swati has worked at Business Standard, where she covered a range of beats including national affairs, politics, and business. This diverse newsroom experience helped her build a strong grounding in reporting, while also strengthening her ability to work across both breaking news and in-depth explanatory stories. Covering multiple beats early in her career has helped her be informed about her current work, allowing her to connect domestic developments with wider international trends.<br><br> At Live Mint, she focuses on international and geopolitical issues through a business and economic lens, examining how global political developments, foreign policy decisions, and power shifts impact markets, industries, and India’s strategic and economic interests.<br><br> She holds a Bachelor’s degree in English (Honours) from the University of Delhi and a Master’s degree in Journalism and Mass Communication from Guru Gobind Singh Indraprastha University. Her academic training has shaped her emphasis on precision, analytical rigour, and clarity in writing. Her interests include global political economy and the intersection of geopolitics with business.<br><br> Outside work, Swati focuses on exploring her passion and love for food. From fancy cafes to street spots, Swati explores food like a true foodie.
Get Latest real-time updates
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More
✕
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.