Alice Huang (Huang Le / 黄乐)

Chinese businesswoman and former Megaspeed executive at the centre of the 2026 Nvidia spy allegations

Alice Huang (Huang Le / 黄乐)
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Alice Huang (Huang Le, 黄乐) is a Chinese businesswoman named in news reports since October 2026 as a suspected Chinese intelligence asset targeting Nvidia chief executive Jensen Huang. She is a former managing director of Megaspeed International, a Singapore-based AI cloud and data-centre company that became one of Nvidia's largest customers in Southeast Asia.

About Alice Huang (Huang Le / 黄乐)

According to The New York Times, U.S. officials concluded in 2025 that she was passing information to China's Ministry of State Security. The allegation is unproven: she has not been charged, she has made no public statement, and China has denied it. On 8 November 2026 Jensen Huang acknowledged an extramarital affair in a message to Nvidia employees; the message did not name the woman, but media reports have linked it to Alice Huang. The two share a surname but are not related.

Megaspeed

Singapore company records cited by The Straits Times and others show that 7Road International, the Singapore arm of the Chinese gaming group 7Road, was renamed Megaspeed International in March 2023, when its shares passed to Huang Le Limited, a British Virgin Islands company, and Huang became a director and managing director. Her directorship ended in November 2023, after eight months, when ownership passed to Swiftdata, a Singapore company owned by businessman Tan Yong Pong. Bloomberg News describes her as Megaspeed's founder and reported that the company became an official Nvidia Cloud Partner days after the sale. According to The Wall Street Journal, she continued to act as a company leader afterwards and introduced herself to a business partner as Megaspeed's CEO as recently as August 2025.

Megaspeed rents out computing power on Nvidia chips and describes itself as "a core business partner of Nvidia's computing power cloud business in the Asia-Pacific region". Its customers include the Chinese technology company Alibaba Group, according to the Times and the Journal. Its filings show assets rising from US$33 million in 2023 to US$3 billion in 2024, with revenue of US$294 million in 2024, Reuters reported. Bloomberg reported from customs data that its imports of Nvidia products had topped US$4.6 billion, and trade records cited by the Times show that its Malaysian affiliate Speedmatrix bought at least US$4.8 billion of AI equipment containing Nvidia chips between June 2024 and February 2026. U.S. authorities have been investigating Megaspeed and Huang since 2024 over whether export-restricted Nvidia chips reached China, and the Singapore Police Force says its own investigation into Megaspeed, over suspected breaches of Singapore law, is ongoing. Megaspeed denies wrongdoing: in December 2025 it said Bloomberg's reporting "contains misleading information and incorrect insinuations", and that inspections by the U.S. Bureau of Industry and Security, Malaysia's trade ministry and Nvidia had found no evidence of illegal chip transfers. Nvidia has said its own review found no evidence of diversion. No public finding has established that Huang personally took part in any diversion.

Timeline of the 2026 reports

  • 29 October: The New York Times reports that American officials had concluded she was a Chinese intelligence asset passing information to Beijing, that she had been under scrutiny over the possible steering of Nvidia chips to China, and that President Donald Trump had been briefed in October 2025. The Wall Street Journal reports that officials in the United States, Taiwan and Singapore had grown concerned about her ties to Jensen Huang.
  • 30 October: China's foreign ministry calls the report "groundless speculation" aimed at "smearing and slandering China".
  • 31 October: Singapore's Ministry of Home Affairs rejects the Journal report: "neither the Singapore Government nor its officials said this. And there were no such investigations conducted in respect of Alice Huang." It adds that the police investigation into Megaspeed continues.
  • 5 November: three House Republican committee chairs, Brian Mast (Foreign Affairs), John Moolenaar (Select Committee on the Chinese Communist Party) and Rick Crawford (Intelligence), ask Jensen Huang to brief them behind closed doors on 18 November about his interactions with her and Nvidia's safeguards against foreign espionage.
  • 6 November: the Times reports that a memo circulated among senior Trump administration policymakers in spring 2026 said she had been recruited by the Ministry of State Security to gather information on Jensen Huang and potentially influence Nvidia to push for its most advanced chips to be sold to China. The Financial Times reports that a memo circulated before Trump's May 2026 visit to Beijing also described a romantic relationship between the two.
  • 8 November: Jensen Huang tells Nvidia staff he "was unfaithful to my wife". Nvidia's board opens an independent investigation into reports that he was "the target of a foreign intelligence effort", saying it has no reason to believe national security or Nvidia secrets were compromised.
  • 9 November: the Times reports that the Commerce Department's investigation of Megaspeed was halted in late 2025 and transferred to the United States Department of Justice, which is conducting a criminal inquiry into the company, after Nvidia's general counsel emailed the investigators in August 2025 saying a senior Commerce official had allowed him to contact them. China's foreign ministry says "the narrative about so-called Chinese spies is entirely based on groundless speculation". Trump says Jensen Huang told him he "had no idea that she was a spy" and that "the FBI is looking into it in terms of something else". Investors file a class action against Nvidia and Jensen Huang over disclosures about the relationship and Megaspeed.

Responses

Before the affair was acknowledged, an Nvidia spokesman said Jensen Huang's contacts with her were "neither unusual nor unexpected", that "meetings with customers are part of a CEO's job", and that regional cloud customers receive "ordinary business information, not sensitive NVIDIA trade secrets, and zero information relevant to national security". Jensen Huang told Bloomberg that his dealings with her related to Megaspeed and were "completely normal and not unusual". Megaspeed said it was surprised by allegations that a former executive had acted as a foreign intelligence asset; in a statement on 9 November it said investigations had found "no evidence of any violations concerning the illicit transfer of chips or any illegal activities", and it told the Times it was conducting an internal investigation and had repeatedly offered to cooperate with the U.S. government without reply.

The Times reported that Singapore police questioned her in 2025, and Bloomberg, citing people familiar with the matter, that she was barred from leaving the country; Singapore's government says it has not investigated her. Her current whereabouts are unknown: the Journal reported that two people in contact with her earlier in 2026 said she was then in China, and CNN reported that she has made no public appearance since 2025. According to the Journal, she first met Jensen Huang in early 2024, representing Megaspeed at an annual Nvidia event in California. Photographs and video show the two together in Taipei at a Computex party in June 2024 and at a dinner hosted by Jensen Huang during Computex in May 2025.

Earlier career

The Journal reported that she was a television reporter for Chinese state media nearly two decades ago, and that a 2016 social media post by a Shanghai investment fund that had employed her said she later worked for Chinese financial companies and London-based HSBC. A profile of Huang Le on the Chinese private-fund database 私募排排网 (Simuwang) describes her as executive director, deputy general manager and fund manager at Shanghai Hexi Investment Management, a firm reported to be connected to 7Road. It says she spent four years in media, as a news reporter for Hunan Television and China Central Television's CCTV-1, and eight years in securities, including as an assistant president at HSBC Private Bank and a vice-president at CITIC Securities. Agence France-Presse could not verify that profile or who wrote it, and the New York Post reported that a Hunan TV executive had never heard of her. Bloomberg reported that an official 2016 WeChat post listed her as a director of Shanghai Hexi, and that until August 2025 a holding company she founded owned 48% of a data-centre project linked to the firm.

Online presence

No official social media account for Alice Huang has been identified.

External identifiers

No social handles are listed for this entry yet, only external identifiers.

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