Urgent.News

What's breaking now, across thousands of outlets.

Tech

Megaspeed and the battle to go high-end Nvidia chips into China

Jensen Huang's affair with a suspected Chinese spy has shone a light on Megaspeed, the company she worked for. It is under investigation in the US for smuggling Nvidia chips into China, which it denies.

Nvidia, a global tech giant with a market value surpassing many nations, is grappling with the alleged romantic involvement of a company executive, Alice H., with its CEO, Jensen Huang. This development has shifted attention to Megaspeed, a smaller firm at the heart of this controversy. As a Singapore-based data center and AI computing company, Megaspeed offers data center access, catering to prominent Chinese tech firms like Alibaba.

The company markets itself as an Nvidia cloud partner, providing computing power products and services for Nvidia's entire GPU line. GPUs, or Graphic Processing Units, are in high demand for AI applications due to their ability to handle complex parallel calculations. Megaspeed claims to provide clients access to Nvidia's advanced GB200 NVL72 computing system.

Despite US export controls preventing high-performance chips from reaching China, Megaspeed has reportedly been accused of breaching these controls by diverting Nvidia chips into the country. In December 2025, Bloomberg reported that Megaspeed was the largest buyer of Nvidia chips in Southeast Asia and that the US government was investigating its ownership structure and possible chip smuggling.

In response, Megaspeed denied any wrongdoing, stating that it complies with all export control regulations and maintains ethical conduct. The US government's investigation began in 2024, with the Commerce Department initially probing Megaspeed, which later transferred to the Justice Department. Alice H., accused of being a Chinese spy, allegedly leveraged her close ties to Nvidia CEO Jensen Huang to pitch AI chip deals to Chinese investors.

Megaspeed was founded in 2015 as 7Road International and changed its name to Megaspeed in March 2023. The company's assets grew from $33 million in 2023 to $3 billion in 2024, with Alice H. serving as managing director for eight months in 2023.

Written by urgent.news from DW English (Business)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at dw.com →

More in Tech

‘A Scandal at the Center of the Economy’

Charlie Warzel, writing for The Atlantic (gift link): It is curious, then, that, as news came out that the Nvidia CEO, Jensen Huang, had had a romantic relationship with a Chinese businesswoman who…

  • Notable figures in Silicon Valley and Washington D.C. remain indifferent to the situation.
  • Huang's influence over U.S. policy emphasized by his views on AI and chip allocation in China.

More from Tuesday 10 November →