Nvidia CEO Jensen Huang is facing growing scrutiny following reports that his personal relationship with Chinese businesswoman Alice Huang helped facilitate the movement of at least $7.5 billion worth of Nvidia artificial intelligence (AI) chips through companies connected to her network since 2023.
An investigation by The Information, cited in reports, alleges that Alice Huang used her connections with the Nvidia chief and the company’s supply chain to secure advanced processors that were restricted from export to China. The developments have raised questions about Nvidia’s distribution network and the enforcement of US export controls.
240,000 Restricted Nvidia Chips Allegedly Moved Into China
According to the investigation, Alice Huang, also known as Huang Le, helped move approximately 240,000 restricted Nvidia chips into China over more than two years. Most of these reportedly included H100 and H200 systems, alongside some A100 processors.
The estimated value of the chip transactions reached approximately $7.5 billion. The investigation describes a network of companies across China and Singapore involving Alice Huang, her sister and her husband.
One of the central companies in this network was Shanghai Century Litong, established in June 2023. By October that year, it had secured preferred cloud partner status with Nvidia, allowing it priority access to the company’s hardware.
The company reportedly supplied computing capacity and Nvidia GPUs to major Chinese technology companies and smaller AI developers.
Megaspeed And Speedmatrix Linked To Chip Procurement
Singapore-based Megaspeed International was another important part of the reported network. Alice Huang became its controlling shareholder in March 2023 and served as its managing director for part of that year.
Megaspeed reportedly imported Nvidia hardware worth approximately $4.6 billion between 2023 and 2025. Some of the processors were used in Southeast Asian data centres, while others allegedly reached Chinese customers.
The network also included Speedmatrix, a Malaysian subsidiary established by Megaspeed in February 2024. Between June 2024 and June 2025, Speedmatrix reportedly received more than 200 shipments of Nvidia hardware worth around $2 billion.
The investigation alleges that Alice Huang used her relationship with Jensen Huang to establish credibility with business partners and help resolve supply delays when orders for restricted processors became difficult to obtain.
Nvidia CEO’s Personal Relationship Under Scrutiny
The controversy also involves Jensen Huang’s personal relationship with Alice Huang. The two are not related. Jensen Huang has reportedly acknowledged being unfaithful to his wife.
According to people familiar with Alice Huang, she regularly shared photographs with the Nvidia CEO and referred to their close association when dealing with business partners. She was also reportedly a familiar presence at Nvidia’s annual events for Chinese partners.
Alice Huang’s background includes senior positions in China’s financial sector and involvement with investment management before her association with Megaspeed.
US authorities have reportedly identified her as a suspected Chinese intelligence asset. However, the allegations surrounding her activities and the extent of her involvement remain subject to investigation.
US Authorities And Nvidia Face Growing Questions
The reported chip movement has intensified scrutiny of Nvidia’s export-control compliance. The US government has restricted the sale of advanced AI processors, including the H100, to China over national security concerns.
Nvidia has maintained that it sells data-centre GPUs primarily through established partners and expects all transactions to comply with applicable export regulations. The company has also said its due diligence has helped identify suspected attempts to circumvent export controls.
Nvidia’s board has reportedly hired outside legal counsel to investigate the matter. Jensen Huang is also expected to face questions during a closed-door congressional briefing in the United States.
Summary
Nvidia CEO Jensen Huang is facing scrutiny after an investigation linked his relationship with Alice Huang to an alleged network that moved approximately $7.5 billion in Nvidia chips into China since 2023. The network reportedly involved companies in China, Singapore and Malaysia. Nvidia says it follows export-control requirements, while investigations into the allegations continue.