Alice Huang: Mystery at the Heart of the Nvidia Scandal
US intelligence suspects Alice Huang, a former director of Singapore-based data center firm Megaspeed, of spying for Beijing and using a relationship with ex-Nvidia CEO Jensen Huang to steal corporate secrets. Megaspeed is under investigation for allegedly helping China bypass US export restrictions by shipping Nvidia AI chips through Southeast Asia. Singapore police questioned Huang, and she was barred from the city-state in February 2026 for providing inaccurate information, though no charges were filed. Megaspeed's revenue surged from zero to nearly $300 million within a year, with over $4 billion in Nvidia chip trades. The scandal has raised national security concerns amid US-China competition over AI dominance, with Nvidia controlling about 90% of the AI chip market.