Megaspeed says Alice Huang left last year as it launches internal investigation

According to Megaspeed, Alice Huang departed the AI infrastructure company over a year ago, on August 30, 2025. The statement released by the company confirmed that Ms Huang currently holds no position with Megaspeed. The business has reassured the public that it operates legitimately and has engaged external legal counsel to perform an extensive internal investigation.

One focus of this probe includes ensuring adherence to US export controls. Megaspeed has dismissed reports by the media, stating they lack verifiable evidence to substantiate such claims. This company is under suspicion of aiding Chinese entities in circumventing US restrictions by procuring Nvidia's cutting-edge chips for data centers in South-East Asia, subsequently transmitting them to China.

Investigations by Singapore authorities reveal servers with advanced AI chips were dispatched to Malaysia and could have been transported elsewhere, violating original declarations made in Singapore. The police in Singapore have declared their inquiry remains ongoing. Alice Huang, a businesswoman alleged by US investigators of espionage for China, played a pivotal role in the scandal that forced her husband, Nvidia's CEO Jensen Huang, to resign on Thursday.

Mr Huang confessed to being "unfaithful" to his wife after rumors of their relationship surfaced, prompting Nvidia's board to initiate an inquiry into whether he was the victim of a foreign intelligence operation. China has categorically denied these espionage allegations. Nvidia's CFO, Colette Kress, has assumed the role of interim CEO while the board seeks a permanent replacement.

The fallout from this incident has led to heightened scrutiny in Washington over the pathways through which advanced chips reach China. Politicians from both major parties are advocating for the implementation of stricter export controls. Nvidia is set to release its quarterly results on Tuesday, marking the company's first earnings report following Mr Huang's departure.