Alice Huang: Chinese finance executive in AI chip spotlight

Alice Huang, a Chinese finance executive who became a key figure in the AI chip industry, is under scrutiny amid allegations of spying for Beijing, which she and China deny. Her reported affair with Nvidia CEO Jensen Huang contributed to his resignation on November 12. US authorities, including Secretary of State Marco Rubio, drafted a classified memo alleging China's Ministry of State Security recruited Huang to target Nvidia's CEO, according to the New York Times. Singapore seized her passport in 2025 during an investigation into server purchases, but found insufficient evidence of wrongdoing. Huang became controlling shareholder of Singapore-based Megaspeed in March 2023, which faced a US investigation over potential export control violations. She previously worked in banking and investment management in Shanghai, with no public finding of wrongdoing against her.