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Megaspeed exec Alice Huang was recruited to spy on Nvidia CEO Jensen Huang, according to US intelligence memo

Original title: Megaspeed exec was recruited to spy on Nvidia CEO, according to US intelligence memo

A memo reportedly based on US intelligence claimed that Alice Huang, an executive at Singapore-based Megaspeed, was recruited by China's Ministry of State Security to spy on Nvidia CEO Jensen Huang. The New York Times first reported the memo, and the Financial Times added that it also claimed a romantic relationship between the two. An Nvidia spokesperson said Huang's interactions with Alice Huang were 'not unusual' and that the company does not share classified information with customers. A separate NYT report found New Matrix, a Chinese company authorized by the US Commerce Department to buy advanced Nvidia chips, had only 'a hollow gray shell' at its listed address, raising concerns it could be a front for a blacklisted private equity firm.

Why it matters

The piece consolidates reporting from the NYT and FT, letting readers grasp the memo's core allegations alongside Nvidia's response.

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Original article

In Brief

Posted:

1:17 PM PST · November 7, 2026

Nvidia CEO Jensen Huang

**Image Credits:**Benjamin Fanjoy / Getty Images

  • Anthony Ha

A memo circulated earlier this year claimed that technology executive Alice Huang was recruited by China’s Ministry of State Security to spy on Nvidia CEO Jensen Huang, according to multiple media reports.

The New York Times, which had previously said Nvidia’s chief executive had been the target of Chinese intelligence, was the first to report on the memo, which was reportedly based on U.S. intelligence. The Financial Times subsequently reported that the memo also claimed Jensen Huang had a romantic relationship with Alice Huang, an executive at a Singapore-based company called Megaspeed.

An Nvidia spokesperson told the NYT that Jensen Huang’s interactions with Alice Huang were “not unusual,” and that the company does not share classified information with its customers.

A separate NYT report examined New Matrix, a Chinese company authorized by the U.S. Commerce Department to buy advanced Nvidia chips. But at the office address listed by New Matrix, reporters only found “a hollow gray shell,” raising concerns that it could be a front for a blacklisted private equity firm.

The Nvidia spokesperson said the company sells “the first, best and most of our technology in America.”

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