Alice Huang's corporate web: From spy allegations to AI chip trade

Alice Huang, a former director of Singapore-based tech firm Megaspeed, has been publicly identified as an alleged Chinese spy accused of an affair with Nvidia co-founder Jensen Huang while obtaining company secrets for Beijing. The allegations have triggered investigations in Singapore, Malaysia, and the US. Megaspeed, which traded billions of dollars in Nvidia AI chips, allegedly helped Beijing circumvent US export restrictions by shipping advanced chips to China through Southeast Asian hubs. Huang was barred from Singapore in February 2026 for providing inaccurate information, though no charges were filed. The company's revenue surged from zero to nearly $300 million within a year. Huang's corporate ties extend to Chinese firms like Nanjing Lingxing Technology, backed by Alibaba and Tencent. The scandal has heightened US-China tensions over AI supremacy, with Nvidia controlling 90 percent of the AI chip market. Singapore's probe into Megaspeed remains ongoing, while Malaysia investigates its subsidiary Speedmatrix.