Megaspeed Says Executive Tied to Former Nvidia CEO Jensen Huang Left in August 2025

Megaspeed has confirmed that Alice Huang, a suspected Chinese spy who has been linked to former Nvidia chief executive Jensen Huang, left her executive role at the company in August 2025.

Jensen Huang resigned as chief executive of the AI chip giant Nvidia after allegations emerged that he had affairs with Alice Huang and with one of his employees.

Megaspeed is the largest buyer of Nvidia chips in Southeast Asia. The scandal at Nvidia has raised questions about whether high-end AI chips may have reached China despite US export restrictions.

The Singapore-based company said on Sunday that it had launched an internal investigation into its business.

It said it was aware of reports “containing assertions about our business, supply chain and global operations that are not supported by verifiable evidence.”

The company added that it “conducts legitimate and lawful business” and has “retained external legal counsel to conduct a thorough internal investigation.”

On Friday, US Treasury Secretary Scott Bessent blamed Commerce Secretary Howard Lutnick, a fellow Trump cabinet member, for failing to properly oversee the export of high-end chips.

Bessent told CNBC that several agencies “were in favour of putting Megaspeed on the entity list for months… but Commerce has the pen… and you will have to ask them about their internal process.”

The entity list restricts US trade with overseas firms and individuals.

Lutnick has been called to testify before the Senate Banking Committee next month over his department’s role in allowing Nvidia to export its advanced chips.

Other congressional committees have asked Lutnick and his department to retain all records relating to Nvidia and Jensen Huang.

Megaspeed is suspected of providing backdoor access to Nvidia chips for Chinese companies through its data centres in Malaysia, Indonesia and Thailand.

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