Alice Huang, alleged Nvidia spy, returns to Beijing

Alice Huang, the suspected Chinese spy at the center of a scandal threatening Nvidia CEO Jensen Huang's position, has returned to Beijing, according to sources familiar with the matter. Alice Huang, founder of Megaspeed International, is living in Beijing with knowledge of security officials, though the timing and purpose of her travel remain unclear. The scandal emerged after Jensen Huang admitted to an extra-marital affair and Nvidia's board launched an investigation into espionage allegations, which Beijing has denied. Megaspeed, founded in 2023, became Nvidia's largest Southeast Asian chip buyer and a key partner, importing over $4.6 billion in Nvidia products. Alice Huang previously worked at Citic Securities and HSBC before entering the neocloud business, renting chips to firms like Alibaba.