Nvidia CEO probe and Singapore ties: What it means for future chip orders

Nvidia is investigating whether CEO Jensen Huang was targeted by foreign spies after reports alleged his relationship with Chinese businesswoman Alice Huang, a former Megaspeed executive, may have involved passing information to Beijing. The probe could impact future chip orders. Singapore has been among Nvidia's top four markets by billable revenue, accounting for 22 percent of total revenue at nearly US$10.2 billion in the quarter ending July 2025. Nvidia says customers use Singapore for centralised invoicing, with over 99 percent of export-controlled products billed there destined for US-based customers. Singapore police are investigating Megaspeed for possible export law breaches, while the government denies separate probes into Alice Huang. Analysts say a prolonged investigation could delay Nvidia's investment decisions, though competitors would struggle to replace its products.