Megaspeed says Alice Huang left company in 2025, denies wrongdoing amid Nvidia scandal
Company addresses Alice Huang’s departure
Megaspeed said Sunday that Alice Huang was no longer with the company, having left in 2025. The Singapore-based firm also denied wrongdoing and said its business is legitimate and lawful.
The company declined to discuss Huang’s private affairs. It said recent claims concerning its business, supply chain and international operations were not backed by verifiable evidence.
Investigators describe chip access
U.S. investigators allege Alice Huang drew on industry contacts and multiple shell companies to gain access to 240,000 chips that were prohibited from export to China. The claims form part of a scandal that led to Nvidia CEO Jensen Huang’s departure, according to the report.
Over the past three years, Megaspeed bought nearly $5 billion in Nvidia AI chips and advanced hardware, The New York Times first reported. The company said its worldwide operations and supply-chain controls are designed to meet applicable regulations.
Probe includes personal ties
President Trump said last week that the FBI was investigating romantic and business connections between Jensen Huang and Alice Huang. The two are not related. The report also says Singapore’s government received no meaningful assistance from Washington at the time. It provides no further details about that claim.
Key points
- Megaspeed says Alice Huang left in 2025 and denies wrongdoing.
- U.S. investigators allege Huang obtained access to 240,000 export-restricted chips.
- Megaspeed purchased nearly $5 billion in Nvidia hardware over three years.
- Trump said the FBI was investigating ties between the two Huangs, who are not related.