Alice Huang, alleged spy at centre of Nvidia scandal, said to be back in China

WorldPolitics
12 Nov 2026 • 8:32 PM MYT
The Independent
The Independent

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Alice Huang, alleged spy at centre of Nvidia scandal, said to be back in China

Alice Huang, the woman accused of spying for China during an affair with Nvidia chief executive Jensen Huang, is back in Beijing, according to media reports.

Ms Huang, a former executive at the Singapore-based company Megaspeed, has been at the centre of a scandal since Mr Huang admitted to an extramarital affair, reportedly with her.

US officials said she was likely working for Chinese intelligence. Nvidia and the FBI are investigating the allegations, which Beijing denies.

The Taiwanese government said on Thursday its records indicated Ms Huang visited the island three times in 2024 and five in 2025 but never this year. Mainland Affairs Council minister Chiu Chui-cheng told lawmakers that Ms Huang used a Hong Kong passport and entered as a business visitor without raising any “special flags”.

Bloomberg reported that she was living in the Chinese capital with the knowledge of security officials, citing people familiar with the matter. The American media outlet said it was unclear when or why she travelled there or what she was doing.

Ms Huang, also known as Huang Le, founded Megaspeed in 2023 after a career in private equity and television. Her company became the largest buyer of Nvidia chips in Southeast Asia, renting them to some of China’s biggest technology firms.

Megaspeed was spun off from 7Road Holdings, one of China’s largest video game companies, months after former American president Joe Biden imposed sweeping restrictions on shipments of advanced chips to the Asian rival.

At multiple facilities in Southeast Asia, Megaspeed rents Nvidia chips to Alibaba Group Holding.

Alibaba has denied Washington’s allegations of ties to China’s military and has declined to comment on the relationship.

Alice Huang leaves a restaurant after attending a dinner with Nvidia CEO Jensen Huang in Taipei (Reuters)

Before Megaspeed, Ms Huang worked at Shanghai Hexi Investment from 2015, according to posts on the firm’s WeChat account in late 2016 and early 2017.

She previously held roles at Citic Securities and HSBC.

Mr Huang apologised to his family and Nvidia employees on Sunday.

Nvidia, meanwhile, launched an investigation but said it had no reason to believe that “either national security or Nvidia secrets were compromised”.

The Wall Street Journal reported that Nvidia’s board was preparing to oust Mr Huang after the New York Times reported an alleged second affair with a company executive who reported to him.

Nvidia shares rose about 5 per cent in regular trading on Wednesday but fell 7.5 per cent in after-hours trading.

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