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Megaspeed says Alice Huang left company in 2025, denies wrongdoing amid Nvidia scandal
CBS News • • business
Key Points:
- Megaspeed International, a Singapore-based company linked to a scandal involving Nvidia CEO Jensen Huang, stated that Alice Huang, a suspected Chinese spy and former executive, left the company in August 2025 and denied any wrongdoing.
- Alice Huang, also known as Huang Le, is suspected by U.S. intelligence of being an asset for China's Ministry of State Security and allegedly used industry contacts and shell companies to smuggle 240,000 Nvidia chips banned for export into China.
- Megaspeed has been one of Nvidia's largest foreign customers, purchasing nearly $5 billion in AI chips over the past three years, and is currently under investigation by U.S. and Singaporean authorities for allegedly smuggling restricted AI computer chips into China.
- The company insists it operates lawfully and complies with all applicable export control laws, rejecting recent allegations as unsupported by verifiable evidence.
- Singaporean authorities seized Alice Huang's passport in June 2025 during their investigation and reportedly found little cooperation from the U.S. government at that time, while the FBI is now investigating the personal and business ties between Jensen Huang and Alice Huang.
