Alice Huang reportedly instrumental in securing over $7.5 billion of Nvidia AI GPU imports during three-year relationship with Jensen Huang

Nvidia CEO Jensen Huang admitted to having an affair with Megaspeed executive Alice Huang, who is also suspected of being a spy working for the Chinese Ministry of State Security (MSS). The Information investigation details a 'labyrinth' of companies centered around Shanghai Century Litong and connected to Singaporean firm Megaspeed, which has previously been accused of smuggling $2 billion worth of Nvidia chips.

The report claims Alice Huang helped move 240,000 banned chips into the country, mostly H100 and H200 systems, and was instrumental in securing AI GPU imports to the tune of $7.5 billion. These chips are among the most powerful in the world and are subject to strict U.S. export controls designed to slow China's military and AI advancement.

Export control evasion

The investigation alleges that Huang leveraged her close relationship with Jensen Huang to gain access to the chips for her network of companies. This network is said to have included a web of Chinese entities that then used her access to secure billions of dollars' worth of Nvidia GPUs for their own operations.