Nvidia CEO Jensen Huang speaks at the 2026 Dreamforce conference on September 15, 2026 in San Francisco, California.
David Paul Morris | Bloomberg | Getty Images
Singapore-based cloud computing company MegaSpeed has attracted international attention after Nvidia CEO Jensen Huang admitted to having an affair with his wife, MegaSpeed executive Alice Huang, following reports that he had an affair with MegaSpeed executive Alice Huang.
According to the New York Times, U.S. intelligence officials believe she is a Chinese intelligence operative.
The CEO of Nvidia, one of the world’s most prominent executives and a leading figure in the AI industry, did not name MegaSpeed or Alice Huang in his statement, but acknowledged his infidelity and said Nvidia’s board had launched an independent investigation “regarding the national security concerns raised in the report.”
“I support the investigation and will cooperate fully. I love our country and our company. I am committed to protecting NVIDIA and supporting our national security. I am proud and grateful to be an American.”
Nvidia said in a statement that it had “no reason to believe that national security or Nvidia secrets were compromised,” but that “the board’s investigation will examine all available information.”
A darling of the tech world, Nvidia sells advanced AI and data center chips and has customers such as: microsoft, Amazon, google, Meta and oracle. The explosive growth in AI adoption in recent years has boosted the company’s stock price, with its market capitalization reaching $5 trillion this year.
What is Megaspeed?
MegaSpeed sells its services to companies in the Asia-Pacific region that typically need large amounts of computing power for AI projects by selling access to computing resources hosted in data centers in Southeast Asia.
The company touts itself as a “core business partner” for Nvidia’s computing power cloud business in the region, allowing customers to borrow computing power from Nvidia GPUs, or “graphics processing units,” special chips designed to perform many calculations simultaneously.
This service allows companies to complete costly AI operations without having to purchase and operate all the hardware themselves. It will also give customers remote access to the computing power of advanced chips located outside of China. U.S. regulations limit the export of some advanced chips to China, but remote access is another issue.
MegaSpeed, which has offices in Singapore and Indonesia, has faced intense media and government scrutiny over whether some of its GPUs are transferred to China, which is subject to U.S. export controls on some advanced chips.
A report published by Bloomberg in December 2025 said the US government was investigating MegaSpeed’s ownership structure and whether it was smuggling Nvidia chips to China.
A response to the article posted on MegaSpeed’s website said it contained “misleading information and inaccurate insinuations.” It added that inspections by the U.S. Department of Commerce’s Bureau of Industry and Security, the Malaysian Ministry of Investment, Trade and Industry, and Nvidia “found no evidence of any violations related to unauthorized chip transfer or illegal activity.”
Who is Alice Huang?
According to a Nov. 5 statement from the House Select Committee on China, businesswoman Alice Fan is an “executive” of MegaSpeed and a “disclosed Chinese intelligence asset.” In response to reports of “grave national security concerns regarding[China’s]access to sensitive U.S. technology and information,” the committee chairs asked Jensen Huang to attend a press conference on Nov. 18 to determine “the extent to which U.S. national security is at risk.”
The New York Times reported this month that Alice Huang is a Chinese citizen who speaks fluent English and has close ties to chip industry executives.
The Times reported Friday that a memo was distributed to Trump administration policymakers last spring that identified a Chinese businessman with close ties to Jensen Huang who passed information about U.S. AI chips to the Chinese government’s top spy agency and sought influence over policy.
Bloomberg reports that Alice Huang, also known as Huang Le, helped found MegaSpeed. Bloomberg previously listed her as one of those cooperating with the Singapore Police Force’s investigation into the company’s activities with China. The Singapore government said it was not investigating Alice Fan’s alleged intelligence ties or her relationship with Jensen Fan.
CNBC has reached out to Megaspeed for comment.
Reports about this relationship have led to renewed scrutiny of Jensen Huang’s past comments regarding his involvement with the Chinese market. “No market is permanently closed,” he told CNBC’s Arjun Karpal on Oct. 22. “Just as Germany wants foreign companies and foreign countries to invest in Germany, China wants foreign companies to invest in China.”
“So the market needs to be open and welcoming. There’s no reason to believe the market will be closed to the best competitors in the world. And NVIDIA is definitely the best in the world at what we do.”
