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AnewZ reported that The Information wrote on Tuesday that Alice Huang, a Chinese businesswoman suspected of spying for Beijing and alleged to have links to Nvidia Chief Executive Jensen Huang, helped route Nvidia chips worth at least $7.5 billion to Chinese companies. Reuters said it could not independently verify the report.
According to the technology publication, Alice Huang and her husband and sister established a network of companies in China and Singapore to obtain Nvidia chips. She is not related to Jensen Huang.
Nvidia’s board began an internal investigation on Sunday. The Federal Bureau of Investigation (FBI) is examining whether the 63-year-old chief executive was targeted in a foreign intelligence operation.
Jensen Huang admitted to employees that he had been unfaithful to his wife, but did not disclose details of the relationship.
The Information identified Shanghai-based Shanghai Century Litong, established in June 2023, as the main company in the alleged network. By October that year, the company had become a preferred cloud partner of Nvidia, gaining priority access to chips.
According to the report, Century Litong was initially linked to Alice Huang’s sister, Huang Yu, through a founding shareholder under her control. That shareholder left the company in 2024.
As orders for Nvidia chips subject to US export restrictions faced delays, Alice Huang used her contacts at the company and among distributors to secure supplies. The network reportedly helped bring about 240,000 chips into China, including H100, H200 and some A100 models.
The Information reported that Century Litong operated data centers and leased computing power using Nvidia chips. Some of the chips were banned from sale in China.
The chips ultimately went to major Chinese technology companies Alibaba and Tencent, as well as smaller artificial intelligence laboratories, the report said.
Alice Huang also held a senior position at Singapore-registered Megaspeed, which had ties to Century Litong. US officials investigated Megaspeed over the movement of Nvidia chips from Southeast Asia to China.
According to The Information, Megaspeed offered Chinese customers two ways to use Nvidia chips: renting computing power at data centers in Southeast Asia or shipping the equipment physically to China.
Some equipment acquired by Speedmatrix, a Malaysian subsidiary established by Megaspeed in 2024, was later delivered to Century Litong, the report said.
Alice Huang allegedly used her relationship with Jensen Huang to bolster her business credibility while keeping her role unclear and trying to avoid leaving a written trail.
Nvidia did not immediately respond to Reuters’ request for comment. Alibaba, Tencent, Megaspeed and Shanghai Century Litong were also unavailable for comment outside regular business hours.
