Alice Huang: Businesswoman Accused of Spying and AI Chip Smuggling

Alice Huang, a Chinese businesswoman also known as Huang Le, is accused by U.S. officials of being a Chinese intelligence asset who allegedly had a relationship with Nvidia CEO Jensen Huang and smuggled advanced AI chips into China. Huang previously held executive roles at Chinese investment firm Shanghai Hexi Investment Management and worked at HSBC and CITIC Securities. She became a controlling shareholder of Singapore-based cloud firm Megaspeed International in early 2023, which is an Nvidia cloud partner, but transferred her shares by November 2023. Nvidia has launched an independent investigation into the allegations, while China denies the spy claims as "unsubstantiated." Jensen Huang has apologized for his actions, and GOP lawmakers have called him for a closed-door briefing on November 18.