Megaspeed International, the Singapore-based firm at the center of the recent controversy involving Nvidia chief executive Jensen Huang, issued a statement on Sunday confirming that Alice Huang is no longer with the company. The executive, who is also known by the name Huang Le, departed the organization in August 2025 and currently holds no role there.
In a direct response to CBS News, the company maintained that it engages in legitimate and lawful business activities. While Megaspeed acknowledged the departure of the executive, it refrained from commenting on the specific allegations that she is a suspected Chinese spy. The company described her personal circumstances as private matters that it does not address publicly.
Alice Huang served as an executive at Megaspeed and was identified as the partner of Jensen Huang in a romantic relationship. U.S. intelligence agencies suspect she is an asset for China, a claim that Beijing has denied. This suspicion has added a layer of complexity to the ongoing scrutiny of Nvidia’s leadership.
Investigators in the United States allege that Huang utilized industry connections and a network of shell companies to gain access to 240,000 chips that were banned for export to China. This alleged activity forms a key part of the broader inquiry into how restricted hardware reached Chinese markets despite regulatory barriers.
According to reports first shared by The New York Times, Megaspeed has been one of Nvidia’s largest foreign customers over the past three years. The company purchased nearly $5 billion worth of artificial intelligence chips and advanced hardware, solidifying its position as a major buyer in the global tech supply chain.
The firm, which originated as a spin-off from a China-based gaming company, has grown into a significant player by securing access to Nvidia’s technology. It is currently under investigation in both the United States and Singapore for the alleged smuggling of restricted AI computer chips into China.
In its Sunday statement, Megaspeed pushed back against recent claims regarding its business structure and operations. The company stated that assertions about its supply chain and global activities are not supported by verifiable evidence, suggesting that some of the public narrative may be overstated or inaccurate.
The company emphasized its commitment to regulatory compliance. Megaspeed said it designs and maintains operational and supply chain control frameworks to adhere to all applicable laws. This includes meeting United States export control requirements and following local jurisdiction rules in every market where the company operates.
President Donald Trump noted last week that the Federal Bureau of Investigation is examining the business and romantic ties between Jensen Huang and Alice Huang. The two are not related, but their dual connection has drawn intense public and governmental attention.
Additionally, CBS News reported on Friday that Singaporean authorities seized Alice Huang’s passport in June 2025. This action was taken while the government attempted to secure support from the U.S. government for its investigation into the suspected chip smuggling. A source familiar with the matter indicated that the Singaporean government did not receive meaningful assistance from Washington during that period.
