Reports say Alice Huang helped secure over $7.5 billion of Nvidia AI GPU imports during a three-year relationship with Jensen Huang, with a web of Chinese companies reportedly leveraging her closeness to him. Wait, I need to correct my output: the translation must be given instead. Alice Huang은 Jensen Huang과의 3년간 관계 동안 75억 달러 이상의 Nvidia AI GPU 수입을 확보하는 데 도움을 준 것으로 보도됐으며, 중국 기업들의 네트워크가 그와의 친밀한 관계를 활용한 것으로 알려졌다.
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). An investigation by The Information has now revealed a "labyrinth" of companies centered on 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 China, mostly H100 and H200 systems, and was instrumental in securing AI GPU imports totaling $7.5 billion.
Sources in the report link the companies to Alice Huang through personal knowledge and corporate registration records. Some of the Nvidia AI chips Megaspeed bought reportedly went to Shanghai Century Litong's data centers in China. Beyond these corporate ties, numerous reports describe Ms. Huang's personal relationship with the Nvidia chief and how it gave her the ability to procure chips that were otherwise hard to obtain.
Ms. Huang allegedly boasted publicly about her access to the Nvidia CEO. People familiar with her said she regularly uploaded photos with Jensen to her WeChat account and shared other images with customers to establish her credibility. She reportedly claimed that Jensen Huang often celebrated her birthday with dinner and gifts, and an Nvidia China sales employee said she was a familiar face at the company's annual event for local Chinese partners.
When AI shipments encountered delays or other trouble, Ms. Huang allegedly stepped in to get them moving through the supply chain again. One person who knows her said she often cited her close relationship with Nvidia and its suppliers as the reason she could always get Nvidia AI chips. It is estimated that $4.6 billion worth of AI chips were imported through Megaspeed from 2023 to 2025, with another $2 billion routed through Speedmatrix. The report also says Shanghai Century Litong bought GPUs from other sources, with Alice Huang's assistance when orders ran into problems. The total value of the GPUs acquired is estimated at around $7.5 billion. The report claims Ms. Huang helped move some 240,000 banned chips into China.
Alice Huang may have entered Jensen Huang's circle much earlier than previously believed. One source told the publication that her husband, Kang Wei, met Jensen Huang during the 2010s, when Nvidia was primarily a PC gaming GPU manufacturer. According to the report, Kang Wei was then a private equity investor focused on videogame companies. Ms. Huang reportedly worked for two media companies in China, although some say there are no records of her doing so. She later moved into banking and finance, working at HSBC and then CITIC Securities, before entering the data center industry in 2023 with Megaspeed's pivot and the founding of Shanghai Century Litong.
Shanghai Century Litong is a data center operator founded in June 2023 by a shareholder ultimately controlled by Huang Yu, the sister of Alice Huang, whose Chinese name is Huang Le. The company subsequently provided compute capacity to AI technology giants in China, including Alibaba and Tencent, as well as smaller labs. A few months after its founding, in October 2023, it received coveted Nvidia Preferred Cloud Partner status. That milestone is significant because Nvidia requires partners at this level to demonstrate sufficient capability in handling and running Nvidia hardware, as well as generate revenue at a certain level, although the threshold varies by region and partner type.
In exchange, partners gain better access to Nvidia's limited supply of chips. This became crucial for Shanghai Century Litong because the China-specific A800 and H800 chips were banned from sale to China around the same period. Although the ban immediately halted Nvidia's sales of these GPUs, it did not affect chip stock already held by distributors. As a preferred partner, Shanghai Century Litong therefore had priority access to the limited supply of these AI GPUs.
Megaspeed, meanwhile, was reportedly owned by a company called Huang Le Limited and led by Ms. Huang when it pivoted in 2023. It was sold to Singaporean entity Swiftdata soon after. A couple of months later, Megaspeed set up a subsidiary, Speedmatrix, which has two offices in Johor, Malaysia. The Bureau of Industry and Security (BIS), the U.S. agency responsible for monitoring export control compliance, noted that the Nvidia hardware found in Speedmatrix data centers was still in its boxes when inspectors visited the sites, triggering a deeper investigation into the company. It has been alleged that Nvidia intervened in the BIS probe, and the company retains its Nvidia partner status to this day.
Despite her public closeness to the Nvidia chief, Ms. Huang is elusive about her personal background. Two other people said she has always been vague about what she does at her companies and is careful about signing documents and leaving a paper trail that could easily be followed. The Chinese embassy denies any links to Alice Huang, even as the FBI looks into the situation.