Key facts
- Nvidia's board said it had no reason to believe national security information or company trade secrets had been compromised.
- Trump said the FBI was also looking into the matter but gave no further details.
- Jensen Huang said he had been unfaithful to his wife and was committed to supporting US national security.
- Alice Huang became Megaspeed's controlling shareholder in March 2023, per research group C4ADS.
- C4ADS said Megaspeed's shares went to Singapore-based SwiftData, which holds all 10 million ordinary shares.
- ImportGenius records reviewed by Reuters show Megaspeed's Indonesian unit imported Nvidia H100 processors between 2024 and 2026.
Nvidia's board has launched an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence operation, saying it had no reason to believe national security information or company trade secrets had been compromised, according to a Reuters report published on November 10, 2026.
US President Donald Trump said on Monday that the FBI was also looking into the matter, without providing further details. Without commenting directly on Alice Huang, Jensen Huang acknowledged on Sunday being unfaithful to his wife but said he was committed to supporting US national security.
The New York Times reported in October 2026 that US authorities had concluded Alice Huang, a Chinese businesswoman also known as Huang Le, was a Chinese intelligence asset who passed information to Beijing while developing a close relationship with the Nvidia CEO. Reuters said it could not independently verify the intelligence allegation, which China has denied, and could not determine Alice Huang's whereabouts to seek comment. The two are not related.
Alice Huang became the controlling shareholder of Singapore-based cloud-computing company Megaspeed International in March 2023, according to Washington-based research group C4ADS, which reviewed corporate records. Megaspeed, incorporated in Singapore in 2015 as 7Road International, describes itself on its website as an Nvidia business partner in the Asia-Pacific region, and Nvidia lists it as an official cloud partner.
Megaspeed drew public attention in October 2025 when the New York Times reported it was under US investigation over whether it was helping Chinese customers obtain advanced Nvidia chips subject to Washington's export controls. There has been no public finding that it violated the rules. Shipping records from trade-data provider ImportGenius reviewed by Reuters show Megaspeed's Indonesian subsidiary imported Nvidia hardware between 2024 and 2026, including H100 processors and related components, in shipments from suppliers including Gigabyte subsidiary Giga Computing. The H100 is among the processors restricted from export to China, although the shipments to Indonesia do not themselves establish any violation.
C4ADS said Megaspeed's shares were transferred in late 2023 to Singapore-based SwiftData, which holds all 10 million of its ordinary shares. C4ADS said it could not determine who ultimately controls SwiftData but assessed that Alice Huang may have continued to exercise influence over Megaspeed after the transfer, citing appearances in which she was identified as its chair. Reuters said it could not immediately contact SwiftData, and Megaspeed, Gigabyte, HSBC and CITIC did not immediately respond to requests for comment.
Before Megaspeed, Alice Huang held senior positions at Shanghai Hexi Investment Management, according to Chinese fund-industry records and an indexed profile on private-fund database Simuwang. Posts on Hexi's official WeChat account between 2016 and 2017 identified her as deputy general manager, executive director and a member of its investment decision committee, and said she had previously worked at HSBC's private bank in Hong Kong and at CITIC Securities. Caixin reported she is about 42 years old.
The reports of ties between Alice Huang and Jensen Huang have prompted US lawmakers to seek answers from the Nvidia CEO. George Chen, a partner at consultancy The Asia Group, said central questions include whether he knew of any alleged intelligence activity and whether sensitive information was compromised. "In many respects, Jensen may also be viewed as a potential victim if he was deliberately targeted or manipulated without knowledge of the individual's true identity or intentions," Chen said. Nvidia has said its CEO meets with thousands of customer executives each year and that its cloud customers in Asia receive ordinary business information rather than trade secrets or information related to US national security.