Nvidia CEO Jensen Huang Reportedly Targeted In Chinese Spy Plot
U.S. spy agencies concluded that a Chinese businesswoman who had cultivated Nvidia CEO Jensen Huang was passing intelligence to Beijing, and that President Trump was briefed on it roughly a year ago and took no action, according to claims in a Thursday report from the New York Times - which was based on interviews with people briefed on the surveillance, who spoke anonymously because the findings are classified.
The woman is Alice Huang, also known as Huang Le, a Chinese citizen and executive at Megaspeed, a Singapore-based data center company.
Huida Huang Jen-Hsun and Megaspeed executive Huang Le (sound) at a party in Taipei, June 2024. This photo was posted by NetThunder on LinkedIn.
According to the report, US officials had already suspected Megaspeed of helping China get around export limits on advanced AI chips. Then, according to the paper's sources, electronic surveillance of her showed she was in contact with an American citizen. The unmasking process, which lets agencies with a need to know identify Americans swept up in foreign surveillance, identified that citizen as Jensen Huang.
Alice Huang (screenshot: gigazine.net)
The Times' sources said Jensen Huang has not been given a defensive briefing, the warning sometimes offered to Americans targeted by foreign spies. They said the surveillance of Alice Huang continues. U.S. officials did not believe at the time that Huang knew what she was doing, the paper reported, though it is unclear whether that assessment has changed, and some senior Trump administration officials doubt he could have missed it. The Times said it could not determine which agencies were watching her, what prompted it, or what she passed along.
Nvidia disputes the implication. Spokesman John Rizzo told the Times that "Jensen's interactions with Ms. Huang are not unusual or unexpected," that Huang speaks with thousands of customer executives a year, and that Nvidia is confident the government would tell it if someone were a threat to American industry. He said Megaspeed receives ordinary business information and no national security material. The White House, the CIA and the NSA declined to comment. Alice Huang did not respond to requests for comment, and Megaspeed told the Times that it takes the matter "extremely seriously" and has hired outside counsel to investigate. The Chinese Embassy's spokesman called U.S. accusations "groundless smears and slanders."
According to the Times, Trump has been wary of disrupting Nvidia's chip sales, which are helping to drive the economy and the stock market, and of complicating trade talks with China, where he is due to travel next month. Current and former officials told the paper that investigations and proposed sanctions touching Nvidia or China have stalled at the Commerce Department, which regulates chip exports.
Huang's access to the president is the backdrop - with the Times reporting that he lobbied the administration to loosen AI rules and roll back tighter limits on chip sales to China, and negotiated a deal giving the U.S. government a 25 percent cut of certain China-bound chip sales. It also reported that Nvidia donated at least $20 million to Trump's ballroom fund, according to a person with knowledge of the matter, and that Huang sat at the head table at Xi Jinping's White House state dinner last month.
Mystery Singapore company Megaspeed under US probe over banned Nvidia chips (The Straits Times)
Megaspeed has been in the government's sights since late 2024, when a Commerce official visited its Malaysian data center and found Nvidia equipment still packed in boxes. The Justice Department took over the Commerce investigation this year, administration officials told the Times, and Singapore's own investigation brought Alice Huang in for questioning in 2025 before releasing her. In October 2025, Sen. Tom Cotton asked Commerce Secretary Howard Lutnick to investigate Megaspeed.
Trade records from ImportGenius show, the Times said, that Megaspeed's Malaysian sister company bought at least $4.8 billion of advanced AI equipment containing Nvidia chips between June 2024 and February 2026. Megaspeed rents computing power to Chinese firms including Alibaba, and investigators suspect some of its chips are reaching China illegally. Nvidia has said there is no evidence of its chips being smuggled to China, and still lists Megaspeed as a cloud partner on its website. Photos posted to LinkedIn show Huang and Alice Huang together at a Taipei bar in June 2024, weeks before Megaspeed's purchases began.
And for the record - no one has publicly charged Alice Huang or Megaspeed with a crime, and no one has accused Jensen Huang of knowing anything. The intelligence claim rests on anonymous sources describing classified material, and every party named has denied or declined to confirm it.
Tyler Durden Thu, 10/29/2026 - 10:25
Continue reading...
[ H/T ZeroHedge ]
U.S. spy agencies concluded that a Chinese businesswoman who had cultivated Nvidia CEO Jensen Huang was passing intelligence to Beijing, and that President Trump was briefed on it roughly a year ago and took no action, according to claims in a Thursday report from the New York Times - which was based on interviews with people briefed on the surveillance, who spoke anonymously because the findings are classified.
The woman is Alice Huang, also known as Huang Le, a Chinese citizen and executive at Megaspeed, a Singapore-based data center company.
Huida Huang Jen-Hsun and Megaspeed executive Huang Le (sound) at a party in Taipei, June 2024. This photo was posted by NetThunder on LinkedIn.
According to the report, US officials had already suspected Megaspeed of helping China get around export limits on advanced AI chips. Then, according to the paper's sources, electronic surveillance of her showed she was in contact with an American citizen. The unmasking process, which lets agencies with a need to know identify Americans swept up in foreign surveillance, identified that citizen as Jensen Huang.
Alice Huang (screenshot: gigazine.net)
The Times' sources said Jensen Huang has not been given a defensive briefing, the warning sometimes offered to Americans targeted by foreign spies. They said the surveillance of Alice Huang continues. U.S. officials did not believe at the time that Huang knew what she was doing, the paper reported, though it is unclear whether that assessment has changed, and some senior Trump administration officials doubt he could have missed it. The Times said it could not determine which agencies were watching her, what prompted it, or what she passed along.
Nvidia disputes the implication. Spokesman John Rizzo told the Times that "Jensen's interactions with Ms. Huang are not unusual or unexpected," that Huang speaks with thousands of customer executives a year, and that Nvidia is confident the government would tell it if someone were a threat to American industry. He said Megaspeed receives ordinary business information and no national security material. The White House, the CIA and the NSA declined to comment. Alice Huang did not respond to requests for comment, and Megaspeed told the Times that it takes the matter "extremely seriously" and has hired outside counsel to investigate. The Chinese Embassy's spokesman called U.S. accusations "groundless smears and slanders."
According to the Times, Trump has been wary of disrupting Nvidia's chip sales, which are helping to drive the economy and the stock market, and of complicating trade talks with China, where he is due to travel next month. Current and former officials told the paper that investigations and proposed sanctions touching Nvidia or China have stalled at the Commerce Department, which regulates chip exports.
Huang's access to the president is the backdrop - with the Times reporting that he lobbied the administration to loosen AI rules and roll back tighter limits on chip sales to China, and negotiated a deal giving the U.S. government a 25 percent cut of certain China-bound chip sales. It also reported that Nvidia donated at least $20 million to Trump's ballroom fund, according to a person with knowledge of the matter, and that Huang sat at the head table at Xi Jinping's White House state dinner last month.
Mystery Singapore company Megaspeed under US probe over banned Nvidia chips (The Straits Times)
Megaspeed has been in the government's sights since late 2024, when a Commerce official visited its Malaysian data center and found Nvidia equipment still packed in boxes. The Justice Department took over the Commerce investigation this year, administration officials told the Times, and Singapore's own investigation brought Alice Huang in for questioning in 2025 before releasing her. In October 2025, Sen. Tom Cotton asked Commerce Secretary Howard Lutnick to investigate Megaspeed.
Trade records from ImportGenius show, the Times said, that Megaspeed's Malaysian sister company bought at least $4.8 billion of advanced AI equipment containing Nvidia chips between June 2024 and February 2026. Megaspeed rents computing power to Chinese firms including Alibaba, and investigators suspect some of its chips are reaching China illegally. Nvidia has said there is no evidence of its chips being smuggled to China, and still lists Megaspeed as a cloud partner on its website. Photos posted to LinkedIn show Huang and Alice Huang together at a Taipei bar in June 2024, weeks before Megaspeed's purchases began.
And for the record - no one has publicly charged Alice Huang or Megaspeed with a crime, and no one has accused Jensen Huang of knowing anything. The intelligence claim rests on anonymous sources describing classified material, and every party named has denied or declined to confirm it.
Tyler Durden Thu, 10/29/2026 - 10:25
Continue reading...
[ H/T ZeroHedge ]
