Alice Huang held indirect stakes in Huawei-linked data center firms

Alice Huang, the businesswoman linked to former Nvidia CEO Jensen Huang, held indirect ownership stakes in Chinese companies connected to a data center serving Huawei, according to a CNBC report published Friday. The report, citing Chinese corporate records reviewed by intelligence firm Tesari, traced Huang Le's ownership through multiple entities, including a 27% stake in data center developer Century Longteng, whose subsidiary operated a facility whose main client was Huawei Cloud. Huang also guaranteed loans financing the facility, though the report found no evidence the data center accessed restricted Nvidia chips. Huawei remains a major Nvidia competitor in China and faces US government restrictions. Jensen Huang has agreed to testify before Congress, with the hearing expected before Thanksgiving or in early December.