Alice Huang, the businesswoman U.S. officials suspect of spying for China, is now living in Beijing, Bloomberg reported Wednesday night. A person familiar with the matter said Chinese security officials are aware of her presence there. It remains unclear when Huang returned to China or what prompted the move. Beijing has denied that she was a spy, and she could not be reached for comment.
The report emerged as Nvidia’s board met Wednesday to consider whether to remove CEO Jensen Huang, according to a person familiar with the meeting. Jensen Huang told employees Sunday that he had been unfaithful to his wife but provided no details about the relationship. The New York Times later reported that he had also been involved with Kimberly Powell, an Nvidia vice president who reports to him. Nvidia did not immediately respond to questions about the board meeting.
On Sunday, Nvidia’s board announced an independent investigation into whether a foreign intelligence operation had targeted its CEO. In a statement, directors offered their preliminary assessment.
“While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board’s inquiry will examine all available information.
Jensen fully supports the review and has committed to cooperating with it.”
Alice Huang and Jensen Huang are not related. Before entering finance, she worked for Chinese state television. CNN geolocated a photograph showing the two dining at an upscale restaurant along Shanghai’s riverfront. The New York Times reported that U.S. officials believe China’s top intelligence agency recruited her, while Secretary of State Marco Rubio reportedly oversaw a memo last spring warning the Trump administration about the relationship. Publicly, however, it remains unknown what information she may have provided to Beijing.
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Megaspeed has also drawn scrutiny. Bloomberg reported that Alice Huang founded the company in 2023, while CNN, citing Singapore corporate records, said she served as a director from March through November that year. In November 2023, Huang Le Ltd., a company she controlled, sold Megaspeed to a Singapore shell company. Just days later, Megaspeed became an official Nvidia cloud partner, giving it preferred access to Nvidia chips. Bloomberg reported that the company has since imported more than $4.6 billion in Nvidia products and rents Nvidia chips to Chinese technology giant Alibaba at data centers in Southeast Asia. Singapore is investigating allegations that Megaspeed bypassed U.S. export controls. Nvidia says it previously investigated and rejected claims that Megaspeed diverted chips to China.
Three Republican House committee chairmen had already asked Jensen Huang to brief them behind closed doors on Nov. 18 about his dealings with Alice Huang and Nvidia’s protections against foreign espionage. They gave him until Wednesday to confirm the date or suggest an alternative. Their letter summarized the stakes directly.
“It is vital that Congress determines the extent to which U.S. national security has been placed at risk.”
Regardless of what Nvidia’s board decides about Jensen Huang, Congress should proceed with that briefing. Lawmakers should begin by examining shipment records and customer contracts, then ask Nvidia how it verified who was using its chips and where those systems were located. Washington, D.C., has spent years restricting exports of advanced AI chips to China. Congress should determine how much computing power Chinese companies can access through chips that remain outside the country.
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