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US investigated Chinese spy plot aimed at Nvidia CEO

Anonymous sources told the New York Times that Alice Huang (Huang Le), a top executive at Singapore AI cloud firm Megaspeed, which was accused of illegally reselling Nvidia chips to China, could also have been a Chinese spy; US intelligence agencies surveilled her for about a year over concerns she might have been gathering information on Nvidia's plans and the CEO's efforts to persuade the Trump administration to allow shipping more advanced technology to China. An Nvidia spokesperson denied this, saying Jensen Huang meets thousands of customer executives yearly and regional cloud customers receive ordinary business information, not sensitive trade secrets or anything relevant to national security.

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The report presents both the US investigation claims and Nvidia's official denial, letting readers compare the two accounts.

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Posted:

9:42 AM PDT · October 29, 2026

**Image Credits:**Nvidia

  • Julie Bort

A top executive of a Singapore AI cloud firm that was accused of illegally selling Nvidia chips to China could also have been a Chinese spy, anonymous sources told the New York Times.

The executive, Alice Huang (or Huang Le), worked for Megaspeed and was photographed as one of multiple people hanging out with Nvidia CEO Jensen Huang during various business dinners in the Singapore region. U.S. intelligence agencies had been surveilling Alice Huang to learn more about her ties with China for about a year, the Times reports.

The concern, sources said, was that Alice Huang had grown so close to Jensen Huang that she could have been gathering information about Nvidia’s plans and the CEO’s efforts to convince the Trump administration to allow it to ship more advanced technology to China.

But an Nvidia spokesperson denied this, telling TechCrunch that the CEO’s relationship with the Megaspeed executive was the same as with any other regional customer.

“Jensen’s interactions with Ms. Huang are not unusual or unexpected. Meetings with customers are part of a C.E.O.’s job; Jensen talks with thousands of customer executives every year,” the spokesperson said in an emailed statement. The company also said, “Our regional cloud customers receive ordinary business information — not sensitive NVIDIA trade secrets — and zero information relevant to national security.”

In 2025, the Times reported that the Commerce Department had investigated Megaspeed over concerns that it was helping Chinese companies sidestep AI chip export regulations by reselling restricted chips to them. Alice Huang was said to be a top executive for the firm at the time.

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