How the Jensen Huang scandal created a headache for business-friendly Singapore

Singapore-based tech firm Megaspeed, a major player in the AI revolution, was found to be operating with an empty office and no staff in Singapore. Its former director, Alice Huang, has been accused of being a Chinese spy after allegedly having an affair with Nvidia co-founder Jensen Huang while stealing company secrets for Beijing.

Huang's life details remain unclear, with no information about her current residence, workplace, or birthdate. Despite this, her influence is evident, spanning from an unoccupied office in Singapore to vast data centers in Southeast Asia and prestigious boardrooms in Silicon Valley.

Megaspeed, positioned at the heart of the AI revolution, is currently under investigation for allegedly circumventing trade restrictions by sending Nvidia chips into China. The company claims to buy computer hardware for its Southeast Asia data hubs, but has been accused of aiding Beijing's espionage efforts.

In Singapore, the Singapore police launched an investigation into Megaspeed and other companies suspected of violating export controls in February 2025. Huang was interviewed as part of the probe, barred from entering the city-state in February 2026 for providing misleading information, and her passport was seized. No charges were laid, but she was barred for downplaying her role in Megaspeed.

Corporate records reveal Huang's direct involvement in Megaspeed's creation. A company linked to her acquired the Singapore arm of Chinese video game developer 7Road International in early 2023, which was then renamed Megaspeed International. Huang served as a director at Megaspeed for less than a year, from March to November 2023, at which point her influence turned Megaspeed into one of Asia's biggest purchasers of Nvidia chips.

Within 12 months, Megaspeed's revenue soared from US$0 to US$300 million, its assets ballooned from US$32 million to nearly US$3 billion, and it reportedly traded in over US$4 billion worth of Nvidia chips over two years. A financial trail suggests Megaspeed's success may be linked to a connection with Chinese tech giant Alibaba, operating through a Malaysian subsidiary.

Despite Huang's absence from Megaspeed's leadership, Singapore authorities maintain she is one of the company's key controllers. Megaspeed's ultimate holding company is Swiftdata, a Singapore firm, and Tan Yong Pong, a Singapore businessman with previous experience in printing and graphic design, is a director of both Megaspeed and Swiftdata.

In June 2025, US investigators visited Megaspeed for a post-shipment verification, accompanied by Huang. She was interviewed by Singapore police, who confiscated her passport. Huang and Nvidia boss Jensen Huang were spotted together in public, with Huang reportedly visiting Taiwan's Computex trade show with him in early 2024.