Singapore-based firm Megaspeed has confirmed that Alice Huang, the former executive at the centre of the controversy involving Nvidia’s Jensen Huang, left the company in August 2025.The company told CNBC on Sunday that Alice Huang officially departed on August 30, 2025, and no longer holds any role there. It declined to comment on her personal affairs.“Megaspeed does not comment on Ms. Huang’s personal and private matters,” the company said in an emailed statement.The announcement comes amid heightened scrutiny of Megaspeed following reports about Alice Huang’s alleged relationship with Jensen Huang and her business connections in China. The New York Times has reported that US intelligence officials believe she was recruited by China’s intelligence services to gather information on the Nvidia chief.Jensen Huang acknowledged being unfaithful to his wife amid the reports and resigned as Nvidia CEO on November 12. The reports also raised questions about another alleged relationship involving a senior Nvidia employee.
Who is Alice Huang?
Alice Huang, also known as Huang Le, built a career in Chinese finance before moving into the artificial intelligence and cloud computing sector.She reportedly worked in television journalism before taking up roles in banking and investment management, including at HSBC’s private banking arm in Hong Kong and Chinese investment bank CITIC Securities.She later held senior positions at Shanghai Hexi Investment Management, a Chinese investment firm, where she was identified in company records as a deputy general manager and executive director. She became the controlling shareholder of Megaspeed in March 2023, according to corporate records reviewed by research group C4ADS.Her business interests have also drawn attention because of reported links to Huawei. An investigation by private intelligence firm Tesari, shared with CNBC, found that Shanghai Hexi acquired a 27% stake in data centre developer Shanghai Century Longteng in 2021. Century Longteng held a controlling stake in Shenzhen Yifeng Technology, whose key customer was Huawei Cloud. Hexi exited its investment in Century Longteng in 2024.The findings establish an indirect business connection to infrastructure serving Huawei, but do not establish that the facility acquired Nvidia chips or that Alice Huang was involved in any unauthorised transfer of technology.
Megaspeed under scrutiny over Nvidia chips
Megaspeed describes itself as a core regional business partner of Nvidia’s cloud computing business. It allows customers to rent computing capacity powered by Nvidia graphics processing units (GPUs), specialised chips used for complex computing tasks.The company, which operates in Singapore and Indonesia, has previously faced media and government scrutiny over concerns that Nvidia chips supplied through its business may have been redirected to customers in China.Megaspeed rejected allegations concerning its business, supply chain and global operations, saying the media reports were not supported by verifiable evidence. It said it had appointed external legal counsel to conduct a thorough internal investigation.The company added that its operational and supply-chain controls were designed to comply with applicable laws, including US export control requirements and regulations in the markets where it operates.It said it would review the reports and communicate further with stakeholders as appropriate.