Alice Huang: the Chinese businesswoman at the centre of Nvidia spying claims
Alice Huang, a Chinese businesswoman with a finance background, became a top executive at Singapore-based tech firm Megaspeed. US intelligence suspected her of spying for Beijing to target Nvidia CEO Jensen Huang, with whom she had an affair, though authorities have not reached a conclusion and Beij
Alice Huang, also known as Huang Le, had a career in Chinese finance before becoming a top executive at Singapore-based tech company Megaspeed, an Nvidia business partner in the Asia-Pacific region. Her reported affair with Jensen Huang led in part to his resignation as Nvidia CEO on 12 November, according to media reports.
Several news organisations, including the New York Times and the Wall Street Journal, have reported that US and other government authorities suspected Huang of spying for Beijing. The New York Times said that in spring 2026, US Secretary of State Marco Rubio oversaw the drafting of a classified memo detailing intelligence indicating that China’s Ministry of State Security had recruited Huang to target Nvidia’s CEO. Reuters has not been able to verify these allegations, and Beijing has denied Huang is a spy. Jensen Huang and Alice Huang are not related.
The New York Times reported on 10 November that Rubio had briefed President Donald Trump aboard Air Force One en route to China in May about US intelligence indicating Jensen Huang was involved with a woman believed to be a Chinese spy. President Trump said on 9 November that the FBI was looking into the allegations, adding that Jensen Huang told him he had no idea about the spying claims. US Attorney General Todd Blanche said on 12 November that the Department of Justice had not reached a conclusion on whether Huang was a spy. CNN reported that US intelligence officials were still working to understand the relationship, citing disagreement about the strength of the evidence.
Singapore's home affairs ministry said on 12 November that it had seized Huang's passport in 2025 while investigating her for other offences, including buying servers that were exported via Singapore to Malaysia without entering the Singapore market. The ministry said there was insufficient evidence to establish any offences. Huang left the country in February and was barred from re-entering, the ministry added.
Huang became the controlling shareholder of Megaspeed International in March 2023, according to research group C4ADS. In October 2025, the New York Times reported the company was under US investigation over whether it was helping Chinese customers obtain advanced Nvidia chips subject to export controls. China has denied this, and there has been no public finding that Megaspeed violated the rules. Megaspeed said on 12 November that it had cooperated with US inspections.
According to Chinese fund-industry records and a profile on database Simuwang, Huang previously worked in banking and investment management, and held senior positions at Shanghai Hexi Investment Management, a Chinese investment firm.