Firm linked to executive Alice Huang, buying Nvidia chips and renting Southeast Asian data-center capacity.
Nvidia's board has launched an independent investigation into CEO Jensen Huang after he told staff he was unfaithful to his wife; the other party, a Megaspeed executive, is suspected by U.S. officials of being a Chinese spy. The stakes extend well beyond a personal scandal, since Huang says he is "responsible for an entire industry" and the outcome will shape how employees, customers, partners and ordinary shareholders view the AI economy.
Nvidia's board has launched an independent investigation into founder and CEO Jensen Huang's relationship with Megaspeed executive Alice Huang, who was reportedly recruited by China's Ministry of State Security to spy on the company. The board said it has no reason to believe national security or Nvidia secrets were compromised but will examine all available information, with Huang pledging full cooperation.
The New York Times, citing a memo circulated among senior Trump administration officials, reports that U.S. intelligence has identified Alice Huang—a Chinese executive close to Nvidia CEO Jensen Huang—as a Beijing intelligence asset. Her company Megaspeed reportedly began multibillion-dollar Nvidia chip purchases in 2024 and rents Southeast Asian data-center capacity to Alibaba, allegedly creating a backdoor to restricted chips. The claim rests on an anonymous memo with no public evidence or response from the parties involved, so its factual strength is limited, though it touches Nvidia, export controls and U.S.-China tech rivalry.