A top executive at a Singaporean AI cloud company accused of illegally selling Nvidia chips to China may also have been a Chinese spy, anonymous sources told The New York Times.
The executive, Alice Huang (or Fan Lee), works for MegaSpeed and was one of several people photographed with Nvidia CEO Jensen Huang during various business dinners in the Singapore area. According to the Times, U.S. intelligence agencies had been monitoring Alice Fan for about a year to learn more about her ties to China.
The concern, the people said, is that Alice Huang became so close to Jensen Huang that she may have been gathering information about Nvidia’s plans and the CEO’s efforts to persuade the Trump administration to export more advanced technology to China.
However, an Nvidia spokesperson denied this, telling TechCrunch that the CEO’s relationship with Megaspeed executives is similar to its relationship with customers in other regions.
“Mr. Jensen’s interactions with Mr. Huang are neither unusual nor unexpected. Meeting with customers is part of a CEO’s job. Mr. Jensen speaks with thousands of customer executives each year,” a spokesperson said in an emailed statement. The company also said, “Our regional cloud customers receive regular business information, not sensitive NVIDIA trade secrets, and do not receive any information related to national security.”
In 2025, the Times reported that the Commerce Department was investigating MegaSpeed over concerns that the company was helping Chinese companies evade AI chip export regulations by reselling regulated chips to Chinese companies. Alice Huang is said to have been the company’s top executive at the time.
